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1 trillion yuan of ultra-long-term special government bonds have been arranged! The combination of boxing has been effective. At present, the "double"+"two new" annual 1 trillion yuan ultra-long-term special national debt has all been arranged. In November, the purchasing managers' index of manufacturing industry reached 50.3%, rising for three consecutive months. The "two-fold" and "two innovations" package of incremental policies is effectively promoting the sustained and steady progress of the economy. (CCTV News)Malaysia's parliament passed a bill to expand network control, and Malaysia's parliament voted to pass a bill to expand local government's network control, imposing more severe penalties on content violations and giving law enforcement departments extensive powers, such as any authorized official can search and detain without a search warrant. As for the Internet service providers, they may have to bear the responsibilities according to law and be forced to disclose user information to the authorities during the investigation of suspected violations. According to the report, large-scale scientific enterprises such as Meta have pointed out in the past that they will abide by local laws and regulations in Malaysia, but they believe that excessive supervision will endanger the right to public discourse and bring unfair burden to online platforms.Market News: Xiaomi said that it has no plans to launch its electric car SU7 in India.

Hongwei Technology: It plans to buy back shares of no more than 50 million yuan. Hongwei Technology announced that the company plans to buy back shares by centralized bidding, and the amount of repurchase is not less than 25 million yuan and not more than 50 million yuan. The source of funds is the company's own funds and special loans for stock repurchase. The repurchased shares will be used for equity incentives or employee stock ownership plans, or for the conversion of corporate bonds issued by listed companies that can be converted into shares. The repurchase price does not exceed 30.12 yuan/share, and the repurchase period is within 12 months after the board of directors deliberates and approves it.Shenghong cooperated with many partners to build the first off-grid electric vehicle charging station in South Africa. Recently, Shenghong shares joined hands with MagicPower Shanghai Maizike Technology Co., Ltd., Zero Carbon Charge and Greencore Energy Solutions to jointly launch the first off-grid electric vehicle charging station in South Africa. The charging station is equipped with a 480kW split machine, including a host and three charging terminals, with a total of six charging guns, four of which are liquid-cooled and users can enjoy a cruising range of 400 kilometers only by charging for 10 minutes.Stellantis Group: The joint venture battery factory with Contemporary Amperex Technology Co., Limited is planned to be put into operation at the end of 2026, with an annual production capacity of 50 GWh. On December 10th, Stellantis Group announced that it had reached an agreement with Contemporary Amperex Technology Co., Limited to set up a joint venture with an investment of up to 4.1 billion euros to build a large lithium iron phosphate battery factory in Zaragoza, Spain. The factory plans to start production at the end of 2026, and its planned annual production capacity can reach 50 GWh. Depending on the customary regulatory conditions and approval, it is expected that the transaction will be completed in 2025.

Japan Life Insurance will acquire Resolution Life for about $8.2 billion. What does it mean for China's chip exports to exceed one trillion yuan? According to the latest data of the General Administration of Customs today, the export value of integrated circuits in China in the first 11 months was 1.03 trillion yuan, up 20.3% year-on-year. It is not easy for chip exports to break through trillions. In recent years, the United States has continuously suppressed China's chip industry, not only by itself, but also by pulling its allies to "contain" it. In this case, the export of integrated circuits in China continues to grow, which shows that the U.S. sanctions have not stopped the development of China's chip industry. Now, in all aspects of chip manufacturing, design, packaging and testing, China enterprises are far from the most advanced in the world, although there is still a gap, but they all have a certain level. The determination and ability of China chip industry enterprises to catch up have exceeded expectations. (The country is a through train)