Group 1 - The company Youyan Powder Materials (688456.SH) has confirmed that its additive manufacturing products are being applied in satellite and rocket weight reduction, heat dissipation, and complex structural component printing, with substantial orders in place [1] - The satellite launch plans, such as those from Qianfan Constellation, are expected to further drive the application of additive manufacturing in the satellite manufacturing and launch sectors [1]

Core Viewpoint - The article discusses the implementation of a series of policies aimed at boosting domestic consumption in Guangdong Province, highlighting a comprehensive action plan with 31 specific measures to stimulate consumer spending and enhance economic growth [1][2]. Group 1: Employment and Income Support - The action plan includes initiatives to promote stable growth in wage income and expand channels for property income, encouraging listed companies to implement employee stock ownership plans [4]. - It emphasizes the importance of maintaining a healthy market environment by combating financial fraud and illegal shareholder actions, while also supporting individual investors in government bond markets [4]. Group 2: Service Consumption Enhancement - The plan aims to improve service consumption by facilitating inbound consumption and enhancing customs efficiency, particularly targeting residents from Hong Kong and Macau [5]. - It supports the development of international consumption centers in cities like Guangzhou and Shenzhen, and promotes the establishment of duty-free shops and tax refund services [5]. Group 3: Upgrading Major Consumption - The action plan proposes measures for upgrading consumption, including promoting trade-in programs for consumer goods and enhancing housing consumption through local government bonds [6]. - It sets a target to start renovating at least 600 old residential communities by 2025 and aims to expand the supply of affordable housing [6]. Group 4: Quality Consumption Improvement - The plan encourages the development of new consumption models, such as live-streaming e-commerce and the integration of artificial intelligence in various consumer sectors [7]. - It also promotes the integration of domestic and foreign trade, supporting foreign trade enterprises in building domestic brands [7]. Group 5: Consumption Environment Improvement - The action plan includes measures to optimize consumption restrictions, advocating for the removal or adjustment of existing limitations on real estate transactions and vehicle purchases [8]. - It encourages cities like Guangzhou and Shenzhen to relax vehicle purchase restrictions and promote a shift from purchase management to usage management [8]. Group 6: Consumption Data Insights - Recent data indicates that Guangdong's total retail sales of consumer goods grew by 2.5% year-on-year in the first quarter, with a notable acceleration in growth in March, reaching 5.8% [9].