Industry Events - The 46th Wuxi (Taihu) International Smart Industrial Equipment Expo opened on September 12, attracting over 600 domestic and international enterprises with an exhibition area of 50,000 square meters [2] Equity Market - On September 12, the stock market experienced a pullback, with all three major indices closing lower. The total trading volume in the Shanghai and Shenzhen markets reached 2.52 trillion yuan, an increase of 832 billion yuan from the previous trading day. Over 3,300 stocks declined, with sectors like non-ferrous metals and storage chips gaining, while large financials and liquor sectors fell [2] Commodity Market - COMEX gold prices have risen nearly 39% this year. Morgan Stanley predicts that news of a Federal Reserve interest rate cut will further boost gold prices, with an expected increase of about 5% by 2025, potentially reaching $3,800 per ounce by year-end [3] Trade Statistics - In the first eight months of this year, Jiangsu Province's foreign trade import and export value reached 3.82 trillion yuan, a 5.1% increase year-on-year, which is 1.6 percentage points higher than the national average. Exports totaled 2.55 trillion yuan, up 9%, while imports decreased by 2% to 1.27 trillion yuan [4] Regulatory Developments - The State Administration for Market Regulation and 15 other departments released guidelines on September 12 to accelerate the digital development of quality certification services, focusing on key digital equipment and products [5] - The National Medical Products Administration announced on September 12 that clinical trial applications for innovative drugs meeting requirements will be reviewed within 30 working days. So far this year, 64 drugs have been included in the breakthrough therapy list [5] Corporate Innovations - JPMorgan expects the European Central Bank to cut interest rates in December, a shift from its previous forecast of October [6] - 361 Degrees is exploring the use of stablecoins for payment and settlement solutions for its product sales outside mainland China [6] - Ant Group launched the world's first trusted connection technology framework for smart glasses, aiming to create a secure and interactive ecosystem for AI glasses [6] - Apple updated its website on September 12, indicating that the iPhone Air will be released after further updates, with eSIM support and no physical SIM card [6]

Core Viewpoint - The company is exploring the use of stablecoin payment and settlement solutions for product sales outside mainland China, aiming to enhance payment efficiency and reduce costs for cross-border e-commerce clients [1] Group 1: Company Initiatives - The company has opened an account with an independent third-party service provider specializing in digital payment solutions involving fiat currencies and stablecoins [1] - The integration of virtual assets is expected to create significant business opportunities for the company [1] Group 2: Market Context - There is an increasing acceptance of cryptocurrencies in the global business community [1] - The company serves numerous cross-border e-commerce and overseas offline store clients who have ongoing needs for local payments and cross-border settlements [1] Group 3: Benefits of Stablecoin Adoption - Utilizing stablecoin payment methods is anticipated to enhance payment efficiency and lower costs, better meeting the needs of cross-border e-commerce clients [1] - The adoption of stablecoin payments is expected to help mitigate exchange rate risks faced by the company when transacting with clients outside mainland China [1]

Core Viewpoint - The company is exploring the use of stablecoin for payment and settlement solutions to enhance product sales outside mainland China, indicating a strategic shift towards digital payment methods [1] Group 1: Company Initiatives - The company has opened an account with an independent third-party service provider specializing in digital payment solutions involving both fiat currency and stablecoin [1] - The integration of virtual assets is seen as a significant business opportunity, reflecting the growing acceptance of cryptocurrencies in the global business community [1] Group 2: Market Demand - The company serves numerous cross-border e-commerce and overseas offline store clients, who have a continuous demand for local payment and cross-border settlement solutions [1] - The adoption of stablecoin payment methods is expected to enhance payment efficiency and reduce costs, better meeting the needs of cross-border e-commerce clients [1] - This payment method is anticipated to help mitigate exchange rate risks faced by the company when transacting with clients outside mainland China [1]

Core Viewpoint - 361 Degrees is exploring the use of stablecoin payment and settlement solutions for product sales outside mainland China, aiming to enhance payment efficiency and reduce costs for cross-border e-commerce clients [1] Group 1: Company Initiatives - The company has opened an account with an independent third-party service provider specializing in fiat and stablecoin digital payment solutions [1] - The integration of virtual assets is expected to create significant business opportunities for the company [1] Group 2: Market Context - There is an increasing acceptance of cryptocurrencies in the global business community [1] - The company serves numerous cross-border e-commerce and overseas offline store clients who have ongoing needs for local payments and cross-border settlements [1] Group 3: Expected Benefits - The adoption of stablecoin payment methods is anticipated to improve payment efficiency and lower costs, better meeting the needs of cross-border e-commerce clients [1] - This payment method is also expected to help reduce the exchange rate risks faced by the company when transacting with clients outside mainland China [1]