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2024.8.5

2024-08-05

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1. Important Information

1. On Monday, the Nikkei 225 index closed down 12.4% at 31,506 points, wiping out all gains so far this year. The Nikkei index recorded the largest point drop in history, surpassing the record of Black Monday in October 1987.

2. According to the website of the Ministry of Culture and Tourism, nine departments including the Ministry of Culture and Tourism, the National Development and Reform Commission, the Ministry of Finance, the Ministry of Natural Resources, the Ministry of Housing and Urban-Rural Development, the Ministry of Transport, the Ministry of Agriculture and Rural Affairs, the Ministry of Emergency Management, and the National Fire Rescue Bureau recently issued the "Guiding Opinions on Promoting the High-quality Development of Tourism Public Services". It is proposed that within 3 to 5 years, a tourism public service system with a complete structure, sound standards, smooth operation, high quality and high efficiency that matches the high-quality development of the tourism industry will be basically established, the effective supply of tourism public services will be significantly expanded, the service efficiency will be significantly improved, the service guarantee capacity for weak areas, peak hours and special groups will be significantly enhanced, and the people's satisfaction with tourism public services will be significantly improved.

3. Five departments issued the "Notice on Launching a Special Action to Learn and Apply the Experience of the 'Ten Million Project' to Strengthen Financial Support for the Comprehensive Revitalization of Rural Areas", implemented a special action to ensure food security through finance, expanded financial service scenarios for the entire food industry chain including food production, circulation, storage, and processing, innovated financing models for the construction of high-standard farmland and facility agriculture, deepened seed industry revitalization and agricultural science and technology financial services, and supported eligible seed companies in listing, listing financing, and refinancing.

4. The latest Fortune Global 500 list is out. The total operating revenue of the companies on this year's Fortune Global 500 list is about 41 trillion US dollars, equivalent to one-third of the global GDP, a slight increase of about 0.1% over last year. Among the top ten companies, Amazon and Apple are on the list, ranking 2nd and 7th respectively, while Google and Microsoft are ranked 17th and 26th respectively. Nvidia is on the list for the first time and ranks 222nd, the highest ranking among the companies on the list for the first time this year. The top Chinese technology companies include Hon Hai Precision (32), JD.com (47), China Mobile (55), Alibaba (70), Huawei (103), etc. The overall rise of large companies in the Internet field. Among the five Chinese Internet giants, Alibaba dropped two places, while the rankings of JD.com, Tencent and Meituan all improved. At the same time, Pinduoduo made the list for the first time. Benefiting from the recovery of China's Internet industry, Meituan became the Chinese company with the largest ranking improvement on the list, jumping 83 places to 384th. JD.com, ranked 47th, entered the top 50 for the first time.

2. Zhejiang News

1. Zhejiang athletes Xu Jiayu, Pan Zhanle and their teammates won the gold medal in the men's 4x100m medley relay at the Paris Olympics, and the provincial party committee and government sent a congratulatory message.

2. The half-year report cards of 11 cities in Zhejiang Province are out. Hangzhou's GDP in the first half of the year was 1,013.7 billion yuan, which was the first time that Hangzhou's GDP exceeded 1 trillion yuan in the first half of the year. Ningbo achieved a GDP of 820.8 billion yuan in the first half of the year, breaking 800 billion yuan for the first time in half a year. In addition, Taizhou, Quzhou and Zhoushan's GDP in the first half of the year broke 300 billion yuan, 100 billion yuan and 100 billion yuan respectively, and maintained steady growth. Shaoxing's GDP was 382.3 billion yuan, a year-on-year increase of 7.0% at constant prices, ranking first in the province. At the same time, Lishui, Quzhou, Huzhou, Jinhua, Wenzhou and Taizhou all achieved growth rates of more than 6%, and Jiaxing's growth rate of 5.7% was slightly higher than the provincial average.

3. The semi-annual data of various industries in July were released, and many financial data of Jiaxing ranked first in the province. According to the semi-annual data: as of the end of June, the deposits in Jiaxing were 1,607.02 billion yuan, with a growth rate 1.72% higher than the provincial average; the balance of various loans was 1,795.40 billion yuan, with a growth rate 1.2% higher than the provincial average. Among them, the proportion of manufacturing loans ranked first in the province, and the cumulative amount of financing assisted by "double insurance" ranked second in the province; the increase and growth rate of loans under the "continuous loan + flexible loan" mechanism compared with the beginning of the year ranked second and third in the province respectively.

3. Good news

Rijiu Optoelectronics:Net profit in the first half of the year increased by 1704.96% year-on-year.

Zhangyuan Tungsten Industry:The company achieved a net profit of 112 million yuan in the first half of the year, a year-on-year increase of 29.38%.

Building Research Institute:It is planned to invest in the construction of Taicang Comprehensive Inspection and Testing Base. Jianyan Technology will be responsible for the investment and construction of Taicang Comprehensive Inspection and Testing Base as the project implementation entity, with an estimated investment of 50 million yuan.

Wanfeng shares:It is planned to invest in a project with an annual output of 20,000 tons of 1-nitroanthraquinone, with a total planned investment of 200 million yuan.

Starlight Shares:Signing of energy performance contract.

Wanan Technology:The subsidiary was awarded a 980 million yuan aluminum alloy fixed caliper project.

Shanghai Silicon Industry:The company's directors and senior executives have accumulated a total of 447,600 shares.

Greentown Water:The franchise agreements for the Liujing Industrial Park Water Purification Plant and the Liujing Industrial Park South Water Purification Plant were signed. The estimated total investment for this project is RMB 1.37 billion.

COSCO Haitai:It is planned to invest in the construction of four 9,000-ton special liquid cargo ships with a total investment of approximately US$98 million.

4. Bad news

ST Red Sun:The company has not eliminated the situation where non-operating funds are occupied by its controlling shareholder, Nan Yinong Group and its affiliates.

*ST Jiuyou:The real estate under the name of the controlling subsidiary Bozhou Zongxiang was pre-seized.

Tapai Group:Net profit in the first half of 2024 was 226 million yuan, a year-on-year decrease of 53.43%.

5. Changes in senior management

Zhendong Pharmaceutical:Deputy General Manager Li Xiangke resigned.

China Yangtze Power:Vice Chairman Ma Zhenbo resigned.

Beiyuan Group:Director Ji Xiufeng and General Manager Liu Yancai resigned.

Teamsun:President Mr. Shen Longzhe resigned.

Shanghai Pharmaceuticals:Vice President Mr. Zhang Yaohua resigned.

Panjiang shares:Chairman Zhu Jiadao resigned due to work arrangements by his superiors.

Qianjiang Water Conservancy:Deputy General Manager Lin Shaoping resigned.