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Yingqu Technology: China Merchants Yingqu Intelligent IOT Fund plans to invest 30 million yuan in Yingqu Automotive Electronics, a subsidiary of the company. Yingqu Technology announced that Yingqu Automotive Electronics, a subsidiary of the company, plans to introduce China Merchants Yingqu Intelligent IOT Fund as a new shareholder through capital increase. The fund plans to invest 30 million yuan, of which 600,000 yuan is included in the registered capital and the rest is included in the capital reserve, thus holding 2.9126% equity of Yingqu Automotive Electronics. After the capital increase, Yingqu Technology's shareholding in Yingqu Automotive Electronics will be reduced from 69.9150% to 67.8786%. The capital increase will be used for business development, R&D and production of Yingqu Automotive Electronics.TikTok Store was officially launched in Spain, and TikTok issued a statement on December 10th local time, saying that TikTok Store has been officially launched in Spain.GD Helicopter Finance signed a financing agreement of over 77 million euros. According to G&D Airlines, GD Helicopter Finance signed a financing agreement of over 77 million euros with Bank of China, London Branch and German Helaba Bank to support GDHF in purchasing several new Airbus H160 helicopters.

In the first 11 months, the export of mechanical and electrical products was 13.7 trillion yuan, up 8.4%. According to the data of the General Administration of Customs, in the first 11 months of this year, the export of mechanical and electrical products was 13.7 trillion yuan, up 8.4%, accounting for 59.5% of China's total export value in the same period. The export of containers and agricultural machinery increased by 108.7% and 23.1% respectively; The export of ships and motorcycles increased by 65.3% and 24.8% respectively; Exports of flat panel display modules, automatic data processing equipment and their parts increased by 20% and 11.4% respectively. In terms of imports, in the first 11 months of this year, the imports of energy products and mineral products increased by 6.3% and 4.3% respectively; Imports of mechanical and electrical products reached 6.35 trillion yuan, up by 7.5%, of which aircraft parts and electronic components increased by 13.7% and 10.5% respectively. (CCTV News)Under the expectation of the central bank's interest rate, the pound/euro rose to a high of more than two and a half years, and the pound/euro once rose to a high of more than two and a half years, because investors expected the European Central Bank to cut interest rates on Thursday and provide some dovish guidance, while the Bank of England is expected to maintain its current policy next week. Earlier, some media quoted Bank of England Governor Bailey as saying that the Bank of England had included four interest rate cuts in 2025 in the latest economic forecast. Another analyst predicts that US tariffs will harm the euro zone economy and the euro. However, as Bank of England Commissioner Greene said, its impact on Britain is still unclear. Jane Foley, senior foreign exchange strategist at ABN amro, said: "This raises the question of whether the pound can reach the level before the Brexit referendum in the foreseeable future." Before the Brexit referendum, the trading range of the euro against the pound was mainly below 0.80. "We expect that the euro will face pressure next year, which may keep the euro/pound on a slow downward track. This shows that the level before Brexit may appear quietly. "Daiwa Capital Markets: The price of lithium may fall further in the first half of 2025. Daiwa Capital Markets said in a research report to customers that the global lithium supply is expected to increase by 12-28% in 2025-2026, which is due to the increase in production in major regions such as Argentina, Australia and Africa. However, the team warned that lithium prices may still be under pressure due to oversupply. At present, the price of LCE (lithium carbonate equivalent) in China is about 78,000 yuan/ton, but Yamato predicts that the price of LCE will be reduced to 75,000 yuan/ton by 2025 due to the increase in the output of low-cost mines. Yamato said: "The current price of lithium is not enough to prevent low-cost mines from increasing production." The demand for lithium, especially for electric vehicles (EV) and energy storage systems (ESS), is expected to slow down. Yamato believes that the slowdown in demand growth, coupled with the increase in supply, indicates that lithium prices may be difficult to maintain their recent highs.

Malaya Investment Bank: The economies of many ASEAN countries are expected to maintain growth in 2025. The Malaya Investment Bank released a report on the 10th, showing that in 2025, the economies of ASEAN countries still have growth resilience and potential, despite the risk factors such as the shift of US economic policy, the increasing global trade tension and inflationary pressure. The report predicts that in 2025, the gross domestic product (GDP) of six ASEAN countries, namely Malaysia, Indonesia, the Philippines, Singapore, Thailand and Vietnam, will maintain an economic growth rate of 4.7%. (Xinhua News Agency)Haineng Industry: The controlling shareholder intends to reduce the company's shares by no more than 3%. Haineng Industry announced that Mr. Zhou Hongliang, the controlling shareholder, actual controller and chairman of the company, plans to reduce the company's shares by no more than 7,835,800 shares through centralized bidding and block trading from January 1, 2025 to March 31, 2025, accounting for 3% of the share capital after excluding the company's repurchase special account. Among them, it is planned to reduce the holding of no more than 2,611,900 shares through centralized bidding, accounting for 1% of the share capital after excluding the company's repurchase special account; It is planned to reduce its holdings by no more than 5,223,900 shares through block trading, accounting for 2% of the share capital after excluding the company's repurchase special account. Mr. Zhou Hongliang currently holds 136 million shares of the company, accounting for 52.10% of the share capital after excluding the company's repurchase special account. Due to the shareholders' own capital demand, this reduction will not lead to the change of the company's control rights, nor will it affect the company's governance structure and going concern.Textile City: It is planned to sign the Entrusted Operation and Management Agreement with related parties. Textile City announced that the company plans to sign the Entrusted Operation and Management Agreement with Shaoxing Keqiao District Development and Management Group Co., Ltd. In 2023, the amount of daily related transactions between the company and the development and operation group was 4,449,600 yuan, and the estimated amount of daily related transactions in 2024 was 4,750,000 yuan. The renovation cost of the exhibition center is about 50 million yuan. After the renovation, it is estimated that about 200 business rooms can be renovated, and the total income during the 20-year operation period is about 994 million yuan.