Author: xjadmin

On March 16th, Beijing proposed at a recent symposium on the development of small and medium-sized enterprises to further optimize the business environment and promote policy dividends directly to enterprises. At the same time, we must continue to create a market-oriented, rule of law, convenient, and international business environment, and provide high-quality and efficient services to help enterprises achieve better development in Beijing. Yin Li, secretary of the Beijing Municipal Party Committee, said that it is necessary to strengthen Internet thinking, be good at using new technologies such as artificial intelligence to expand service scenarios, constantly innovate products and services in the field of life and production services, and explore new modes of integration and development of cultural, commercial, tourism and sports industries. We also need to proactively benchmark international standards to improve service quality, form more service standards, and create service trade products with domestic and international competitiveness.

On March 16th, surprisingly, Smart Home signed a strategic cooperation agreement with Ubiquitous. According to the agreement, both parties will jointly promote the application of humanoid robots in commercial sales scenarios such as the new retail stores of Easyhome. Surprisingly, Smart Home plans to purchase and deploy 500 Ubiquitous simulation humanoid robots by the end of 2025 to enhance customer shopping experience and shape new smart consumption scenarios. Surprisingly, Smart Home will also promote the simulation humanoid robots of Ubiquitous and plan to sell 10000 units within the strategic cooperation target period.

On March 16th, for the first time in nearly 20 years, A-shares have emerged from an independent market during the sharp decline in the US stock market, demonstrating the characteristics of a “confidence re evaluation bull”. We have previously stated that the end of February and the beginning of March will be a period of consolidation rather than the end of the market. Recently, A-shares have emerged from an independent market during the US stock market downturn, driven by factors such as the divergence of the US China economic cycle, DeepSeek breakthrough leading technology revaluation, and the attractiveness of Chinese assets compared globally. This is the first time in nearly 20 years. This week, the index reached 3400 points and the total market value hit a new high, demonstrating the characteristics of a “confidence reassessment bull”.

On March 16th, in response to the illegal activities in the field of market supervision exposed at the 3.15 Evening Gala of China Central Radio and Television Station, the State Administration for Market Regulation deployed law enforcement actions in various regions overnight, and dealt with the exposure issues strictly and quickly in accordance with the law. The market supervision department of Shandong Province, together with local health, industry and information technology, public security and other departments, rushed to the scene, seized the involved enterprises, controlled the responsible persons of the enterprises, and is conducting investigations, inquiries, evidence collection and other work. The Henan market supervision department, together with the health and public security departments, formed multiple law enforcement teams to jointly carry out on-site disposal of non sterile disposable underwear production enterprises. That night, more than 300000 disposable sterile underwear and over 1 million semi-finished products were seized from three involved enterprises. At the same time, a notice was issued overnight to organize a comprehensive investigation throughout the province to strictly prevent unqualified disposable underwear products from entering the market. More than 80 law enforcement personnel were dispatched by the two levels of market supervision departments in Chongqing to conduct electronic evidence collection of business promotion, maintenance records and other data, and seized non 3C mandatory certification products on site. The market supervision departments of Jiangsu and Guangdong conducted on-site inspections overnight on the enterprises involved in exceeding the standard of phosphate in frozen shrimp, and verified the evidence of suspected illegal production and business activities. The Zhejiang market supervision department quickly rushed to the involved enterprises to carry out electronic evidence collection, inquiry and investigation work. Six parties have been questioned, eight transcripts have been made, and 1.7GB of electronic data has been extracted. The market supervision departments of Guangxi and Guizhou, together with the public security, industry and information technology departments, seized 11 types and 407 rolls of wires and cables on site, confiscated documents and accounts, and organized professional institutions to conduct sampling inspections.

On March 16th, Entropy Technology (301330. SZ) announced that its shareholders, Shenzhen Elite Shijun Investment Enterprise (Limited Partnership) and Shenzhen Elite Heyi Investment Enterprise (Limited Partnership), who hold more than 5% of the company’s shares, plan to reduce their holdings of the company’s shares by no more than 2886600 shares (not exceeding 1.4873% of the total share capital of the company after excluding the number of shares in the repurchase special account) through centralized bidding and/or block trading within three months after the pre disclosure announcement of this reduction plan.

On March 16th, United Precision (001268. SZ) announced that its shareholder Zheng Zixian, who holds more than 5% of the company’s shares, plans to reduce his holdings of no more than 1573575 shares, or 1.47% of the company’s total share capital, through centralized bidding trading, block trading, and other means within three months after the disclosure of the announcement, which is 15 trading days. The reason for reducing holdings is due to personal financial needs, and the reduction price will be determined based on market prices and not lower than the issue price.

On March 16th, ST Jingang (600190. SH) announced that the company’s board of directors received a resignation report from Vice Chairman Sun Mingtao on March 16th, 2025. Sun Mingtao applied to resign from his positions as Vice Chairman, Director, and member of the Board’s Strategic Committee due to personal reasons. The resignation report shall take effect from the date of delivery to the company’s board of directors, and shall cease to hold any position in the company after resignation.

On March 16th, it was learned today that the State Administration for Market Regulation has formulated a national food safety sampling plan for 2025 in accordance with the “four strictest” requirements, focusing on prominent issues such as excessive residues of agricultural and veterinary drugs, “two excesses and one non conformance” of food additives, and abuse of fruit and vegetable preservatives. The plan focuses on key places such as school canteens, online sales, chain fast food restaurants, agricultural product wholesale markets, as well as new formats such as live streaming and food delivery, and increases sampling efforts. Any food safety problems found will be dealt with strictly in accordance with the law, and efforts will be made to protect the safety of the people’s “tongue”. (CCTV News)

On March 16th, according to the Kremlin website, Russian President Putin held an informal meeting with visiting Belarusian President Lukashenko and Tajikistan President Rahmon in Moscow on March 15th local time. The leaders of the three countries also had a phone call with Azerbaijani President Aliyev at the same time. The leaders of the four countries discussed a series of issues related to the continued development of inter state relations. In addition, the leaders of the four countries agreed to meet again on May 9th at the 80th anniversary celebration of the victory of the Great Patriotic War in Moscow. (CCTV News)

On March 16th, Feige Cloud Communication issued a statement stating that the voice product involved in the “CCTV 3.15 Evening Gala” report is a module of our company’s SaaS product, which is only used as a tool for customers. We do not participate in customers’ specific business operations, and we have also imposed strict restrictions on customer qualifications and customer data sources. However, this incident reflects our company’s shortcomings in customer supervision and service management, as well as insufficient training for internal personnel’s professional knowledge. We deeply regret this and sincerely apologize to all users, partners, and all sectors of society.