Must-read before the market; the SFC releases the stable market signal; Beijing will lay out the construction of the Token factory
Must-read before the market; the SFC releases the stable market signal; Beijing will lay out the construction of the Token factory
The State Council Information Office held a press conference on the modernization of customs work to support the high-quality start of the "15th Five-Year Plan" The State Council Information Office held a meeting with domestic and foreign journalists on "carrying forward outstanding characteristics and working unremittingly to create new achievements worthy of the times and the people" The Ministry of Human Resources and Social Security held a regular press conference Chengdu press conference on in-depth implementation of "artificial intelligence +" action 2026 Shanghai Nuclear Energy Sustainable Development Conference and Shanghai International Nuclear Energy Industry Expo AMD will launch EPYC Venice CPU based on Zen 6 architecture at Advancing AI event on July 22-23 New share subscription: Juren New Materials (Beijing Stock Exchange) New stock listing: Qiao Luming (Beijing Stock Exchange) Members of the Party Committee of the China Securities Regulatory Commission held symposiums from the afternoon of July 20 to 21 to listen to opinions and suggestions from all aspects on promoting the stable and healthy development of the capital market. 29 representatives from listed companies, securities fund institutions, experts and scholars attended the meeting. Representatives attending the meeting conducted in-depth discussions on the current capital market situation and provided opinions and suggestions on the work of the China Securities Regulatory Commission. At the meeting, the responsible comrade of the China Securities Regulatory Commission said that the high-quality development of the capital market is inseparable from the joint participation and joint efforts of listed companies, industry organizations, experts and scholars, etc. It is hoped that listed companies will focus on enhancing compliance management capabilities, enhance core competitiveness, and better reward investors; industry organizations will increase counter-cyclical layout efforts and effectively improve investor service levels; experts and scholars will actively provide suggestions and rational voices to jointly create a good market environment. The China Securities Regulatory Commission will carefully study and absorb opinions and suggestions put forward by all parties, proactively respond to market concerns, coordinate risk prevention, strengthen supervision, and promote high-quality development, continue to strengthen the construction of market basic systems, enhance the inherent stability of the market, improve the long-term mechanism for the protection of investors' legitimate rights and interests, and better promote the long-term stable and healthy development of the capital market. It was learned from the Beijing Municipal Economic and Information Bureau that in the first half of the year, the city's digital economy's added value grew by 7.8%, of which the digital economy's core industry's added value grew by 9.8%, which has a significant role in driving the city's GDP growth. In the first half of the year, Beijing added 22,000 P of intelligent computing power, and the supply scale reached 82,000 P. In the second half of the year, the Beijing Municipal Bureau of Economy and Information Technology will focus on the annual key tasks of building a benchmark city for the digital economy, thoroughly implement the "artificial intelligence +" action plan, and fully release new momentum for the smart economy. Accelerate the creation of a new form of smart economy. Formulate Token economic development policies, focus on key links such as Token production, distribution and application, lay out and build Token factories and Token distribution platforms, and promote innovative applications in key areas such as industry, education, culture and tourism. Relying on the Open Source Chip Research Institute and Beijing Tongming Lake Information Technology Application Innovation Center, we will create a "RISC-V+AI OS" open source and open ecosystem and build a full-stack independent technology system from chip instruction set to operating system to intelligent agent applications. Further enhance intelligent computing power supply capabilities. Create a "super node + industry node" support system and strive to add 50,000P of intelligent computing power in the second half of the year, and the total scale of computing power will exceed 130,000P within the year. We will continue to promote the green transformation of existing data centers, improve the level of green electricity consumption, and achieve the annual data center green electricity consumption exceeding 3 billion kWh.
The Central Network Security and Informatization Commission issued the "Implementation Plan for Deepening Internet Protocol Version 6 (IPv6) Technical Innovation and Integrated Applications (2026-2030)". By 2027, the end-to-end connectivity level of IPv6 will be comprehensively improved, and technological innovation and integrated applications will achieve important phased results. The number of active IPv6 users reached 900 million, and IPv6 network traffic accounted for 38%. By 2030, IPv6 will be extensively and deeply integrated with various industries and fields of the economy and society to build an IPv6 industrial ecosystem that is technologically advanced, open and innovative, endogenous and self-driven, safe and reliable. The number of active IPv6 users reached 950 million, and IPv6 network traffic accounted for 42%. New networks will be given priority to provide IPv6 addresses by default, accelerating the evolution to IPv6 single stack, and promoting the formation of an IPv6-led network service and application system. The "Implementation Plan" focuses on the development goals of the "15th Five-Year Plan" and focuses on the key aspects of IPv6 technology innovation and integrated applications. It has deployed a total of 36 key tasks in 10 aspects, including strengthening technology research and development and integrated innovation, promoting standard formulation and implementation, strengthening management system specifications, promoting single-stack technology research and deployment applications, enhancing network and application facility service capabilities, improving terminal support capabilities, deepening commercial Internet application transformation, expanding industry integration applications, strengthening talent training and publicity and promotion, and enhancing security assurance capabilities. Shenzhen Special Economic Zone News reported that on July 21, an enlarged meeting of the Shenzhen Municipal Committee’s Finance and Economic Committee was held to analyze Shenzhen’s economic performance in the first half of the year and make arrangements to promote economic work in the second half of the year. The meeting pointed out that the industry must study trends and focus on key points, fully grasp the stage characteristics, focus on leading and emerging enterprises, focus on key industries such as artificial intelligence and biomedicine, focus on new products on the market and focus on key products, and continuously consolidate and improve the good growth trend of the industry. Foreign trade must develop an optimal market structure, promptly follow up analysis and judgment, adjust work measures, actively expand diversified markets, expand trade in goods and services, strengthen corporate services, and maintain the good momentum of foreign trade development. Investment must ensure the implementation of projects, enhance the confidence of market entities, focus on major projects, ensure centralized contiguous land use, actively strive for policy funding support, promote the steady growth of industrial investment, promote urban renewal with high quality, and use the "six networks" as a guide to improve the level of infrastructure investment. Consumption needs to tap into its potential to expand consumption, continue to optimize the consumption environment, launch distinctive consumer products, timely optimize and adjust consumption promotion policies, promote the expansion and upgrading of commodity consumption, expand the scope and quality of service consumption, and expand the volume and efficiency of inbound consumption. Tencent Cloud executives recently attended a sub-forum of the World Artificial Intelligence Conference and stated that in order to reduce the cost of inference to the extreme, the company will deploy localized computing power on a large scale; the company expects to deploy NPO (near package optics) super nodes in the fourth quarter of 2026, and called for the unification of NPO industry standards at home and abroad. On the 21st, Inspur Group signed a strategic cooperation agreement with Beijing State-owned Assets Corporation and Beijing Data Group in Inspur Science and Technology Park. According to the agreement, Inspur Group, Beijing State-owned Assets Corporation and Beijing Data Group will give full play to their respective advantages, focus on computing infrastructure construction, information technology application innovation, digital transformation, artificial intelligence and other aspects to carry out in-depth cooperation and implement a number of high-value projects. NVIDIA announced on July 21 that the Vera Rubin platform for "gigabit AI factories" is expanding deployment globally. CoreWeave, Google Cloud, Microsoft Azure and Oracle Cloud have begun to adopt the Vera Rubin NVL72 system. Nvidia said that CoreWeave tests showed that Vera Rubin NVL72 can achieve a 10 times increase in token throughput per megawatt compared to Grace Blackwell NVL72. The platform integrates Vera CPU, Rubin GPU, NVLink 6, ConnectX-9 SuperNIC, BlueField-4 DPU and Spectrum-6 switching system to improve the efficiency of AI training and inference. Nvidia said that Vera Rubin has covered more than 350 factory nodes and 30 countries around the world, with the goal of reducing AI infrastructure costs and improving energy efficiency.
NVIDIA issued a document saying that DeepInfra's benchmark test results show that NVIDIA Vera CPU is more than twice as fast as other CPUs and can support more concurrent AI agents. Cloud platform DeepInfra is an early experience participant in NVIDIA's open AI ecosystem, independently designing and running benchmarks based on its production AI agent infrastructure. DeepInfra processes nearly five trillion tokens every week, about 30% of which are driven by agent systems. Its cloud platform is built for high-throughput AI inference. Benchmark tests show that under the same service quality, it supports up to 1.6 times concurrent AI agents, and the collaboration speed is up to 2.2 times, while improving infrastructure utilization and cost-effectiveness. These results demonstrate that NVIDIA Vera CPUs can achieve the cost-effectiveness, low latency, and throughput required for production agent AI. As AI agents take on more complex reasoning, planning, tool usage, and data flow, CPU performance becomes increasingly important in the orchestration work around each model invocation. As part of Nvidia's extreme co-design strategy for AI factories, Vera CPUs are designed for agentic workloads. DeepInfra’s benchmark highlights how NVIDIA Vera CPUs can help cloud service providers improve infrastructure utilization, increase cost efficiency, and support more concurrent AI agents with the same quality of service. Microsoft and French artificial intelligence startup Mistral AI announced on July 21 the expansion of their strategic cooperation and a multi-billion-dollar agreement around the construction of European AI infrastructure to enhance AI computing capabilities in Europe. Under the agreement, Microsoft will leverage Mistral's expanded European GPU infrastructure to power its cloud computing and AI services. The infrastructure will be based on thousands of Nvidia Vera Rubin GPUs. Intel and cybersecurity company Fortinet announced on July 21 the expansion of their long-term cooperation. The two parties will jointly develop Fortinet Security Processor 6 (SP6), combining Fortinet's dedicated security processor design capabilities with Intel's semiconductor design, advanced packaging and manufacturing technology to improve network security product performance and supply chain resilience. According to CCTV News, on July 21, local time, Fatih Birol, executive director of the International Energy Agency, issued a statement saying that the escalation of conflicts in the Middle East has affected the Strait of Hormuz and regional energy infrastructure, further exacerbating global oil supply security concerns and market uncertainty; the security threat facing the Bab el-Mandeb Strait has also further increased energy transportation risks. According to the International Energy Agency, since member states decided to release 400 million barrels of strategic oil reserves to the market on March 11, approximately 290 million barrels have entered the market. Member states still hold more than 1 billion barrels of government strategic reserves and can continue to deal with supply risks. However, Birol warned that global energy security still faces serious challenges as conflicts continue and commercial inventories decline. At present, the recovery of refining capacity is slower than the growth of crude oil supply, causing the refined oil market such as diesel and gasoline to be more tense than the crude oil market, and oil prices are still under upward pressure. According to Xinhua News Agency, the team of Wang Kejian, a researcher at the China Rice Research Institute, has recently made important progress in the field of hybrid rice breeding. It has successfully developed a one-line hybrid rice with a cloning efficiency of more than 99% and completely normal fruiting. The team named it "One-line No. 1". This original research result was published in the international academic journal "Vita" on July 21. Experts say that hybrid rice has made an irreplaceable contribution to my country’s and even global food security. However, the three-line and two-line hybrid rice currently used on a large scale cannot save seeds for reuse due to the genetic separation of offspring. They must rely on male sterile lines and restorer lines for artificial seed production every year. The technology is difficult and the production risks are high. The cost of seed production is usually more than 10 times that of conventional rice seeds.
According to CCTV News, on July 21, the National Energy Administration released the "China Oil and Gas Exploration and Development Development Report 2026". Data show that in 2025, my country's crude oil production will reach a record high of 216 million tons, natural gas production will exceed 10 billion cubic meters for nine consecutive years, oil and gas production equivalent will reach a new height of 420 million tons, independent support capabilities will be significantly improved, oil and gas technological innovation, upstream institutional reform and low-carbon transformation and development will take solid steps. According to the latest folding screen smartphone market forecast report released by Counterpoint Research, global folding screen smartphone shipments are expected to achieve a year-on-year growth of 21% in 2026. Samsung is expected to maintain its leading position in the folding screen mobile phone market in 2026, but its market share will decline from 40% in 2025 to 32%, and the competitive landscape will usher in significant changes. Apple is expected to capture 25% of the market share in the first year of entry, Huawei will hold 24%, Motorola and Honor will hold 8% and 3% respectively. According to CCTV News, US President Trump posted on social media on July 21, local time, that starting from August 1, 2026, all generic drugs imported into the United States will continue to be subject to zero tariffs for the next two years. After the two-year period expires, the relevant products will be subject to 100% tariff for one year; thereafter, the tariff will be further increased to 200%. Trump stated that the purpose of implementing this policy is to promote the return of generic drug production to the United States. Companies that fail to build production plants and related equipment in the United States within the specified period will face tariff penalties. The current policies for patented drugs, branded drugs and innovative drugs will continue to remain unchanged due to their good implementation effects. The White House issued an announcement on April 2 that President Trump signed a document that day. According to Section 232 of the Trade Expansion Act of 1962, the United States will impose a 100% tariff on imported patented drugs and pharmaceutical ingredients. This measure also provides a path for exemption or reduction of tariffs, aiming to force pharmaceutical companies to reach an agreement with the White House on drug prices and industrial repatriation. On Tuesday local time, U.S. stocks opened higher and moved higher, with the three major indexes collectively closing higher. The Nasdaq rose 1.29%, the S&P 500 rose 0.89%, and the Dow Jones Industrial Average rose 0.74%. The storage sector rebounded strongly, with SanDisk rising over 14%, SK Hynix rising over 13%, Western Digital and Micron Technology rising over 12%, Seagate Technology rising over 11%, and Kioxia ADR rising over 17%. The optical communications sector rose across the board, with Coherent up over 11%, Lumentum up over 9%, Ciena up nearly 8%, Marvell Technology and Corning up over 6%, and Credo up over 5%. The Philadelphia Semiconductor Index closed up 5.21%, its largest one-day gain since June 22. SpaceX rose more than 3%, ending its seven-day losing streak. International oil prices continued their rise, both approaching June highs. WTI August crude oil futures closed up $1.68, or nearly 2.02%, at $84.91 per barrel. Brent September crude oil futures closed up $1.79, or 2.00%, at $91.01 per barrel. Precious metals markets are also on the rise. COMEX gold futures rose 1.69% to US$4,083.70 per ounce. COMEX silver futures rose 4.23% to US$59.065 per ounce. Xi'an Yicai: Monthly production and sales of 12-inch electronic grade silicon wafers exceeded 1 million pieces Changxin Technology: Online investors gave up subscribing for 6.5862 million shares Zhongshan Public Utilities: Plans to acquire 100% equity of Smart Energy for RMB 408 million Northern Huachuang: It plans to establish an employee stock ownership plan in 2026 with a total capital of no more than 15 million yuan GigaDevice: Plans to use 500 million yuan of A-share proceeds to increase capital in a wholly-owned subsidiary to implement DRAM investment projects Deye Shares: The controlling shareholder proposed to distribute a cash dividend of 16 yuan for every 10 shares in the mid-term of 2026 Yuanjie Technology: Net profit in the first half of the year is expected to increase by 1197%-1305% year-on-year Zhongyi Technology: Net profit in the first half of the year is expected to increase by 880%-1075% year-on-year Weichai Power: Controlling shareholder plans to increase holdings of A shares by RMB 200 million to RMB 400 million Fenglong Shares: Controlling shareholder Youbixuan proposed that the company repurchase 30 million to 60 million yuan of shares Sungrow: Chairman Cao Renxian proposed to repurchase 500 million to 1 billion shares
SF Holding: The implementation of the 6 billion yuan repurchase plan is completed and the cancellation will be processed as soon as possible Kanghui Shares: The subsidiary signed a computing power service contract with an estimated total amount of 415 million yuan to 679 million yuan Hwabao Securities: Stable funds release positive signals, sentiment is expected to get warmer, and dividends are appropriately added to hedge against fluctuations. Huafu Securities: Short-term fluctuations fully release market stage risks, coupled with solid fundamentals, continued capital market.
The Central Network Security and Informatization Commission issued the "Implementation Plan for Deepening Internet Protocol Version 6 (IPv6) Technical Innovation and Integrated Applications (2026-2030)". By 2027, the end-to-end connectivity level of IPv6 will be comprehensively improved, and technological innovation and integrated applications will achieve important phased results. The number of active IPv6 users reached 900 million, and IPv6 network traffic accounted for 38%. By 2030, IPv6 will be extensively and deeply integrated with various industries and fields of the economy and society to build an IPv6 industrial ecosystem that is technologically advanced, open and innovative, endogenous and self-driven, safe and reliable. The number of active IPv6 users reached 950 million, and IPv6 network traffic accounted for 42%. New networks will be given priority to provide IPv6 addresses by default, accelerating the evolution to IPv6 single stack, and promoting the formation of an IPv6-led network service and application system. The "Implementation Plan" focuses on the development goals of the "15th Five-Year Plan" and focuses on the key aspects of IPv6 technology innovation and integrated applications. It has deployed a total of 36 key tasks in 10 aspects, including strengthening technology research and development and integrated innovation, promoting standard formulation and implementation, strengthening management system specifications, promoting single-stack technology research and deployment applications, enhancing network and application facility service capabilities, improving terminal support capabilities, deepening commercial Internet application transformation, expanding industry integration applications, strengthening talent training and publicity and promotion, and enhancing security assurance capabilities. Shenzhen Special Economic Zone News reported that on July 21, an enlarged meeting of the Shenzhen Municipal Committee’s Finance and Economic Committee was held to analyze Shenzhen’s economic performance in the first half of the year and make arrangements to promote economic work in the second half of the year. The meeting pointed out that the industry must study trends and focus on key points, fully grasp the stage characteristics, focus on leading and emerging enterprises, focus on key industries such as artificial intelligence and biomedicine, focus on new products on the market and focus on key products, and continuously consolidate and improve the good growth trend of the industry. Foreign trade must develop an optimal market structure, promptly follow up analysis and judgment, adjust work measures, actively expand diversified markets, expand trade in goods and services, strengthen corporate services, and maintain the good momentum of foreign trade development. Investment must ensure the implementation of projects, enhance the confidence of market entities, focus on major projects, ensure centralized contiguous land use, actively strive for policy funding support, promote the steady growth of industrial investment, promote urban renewal with high quality, and use the "six networks" as a guide to improve the level of infrastructure investment. Consumption needs to tap into its potential to expand consumption, continue to optimize the consumption environment, launch distinctive consumer products, timely optimize and adjust consumption promotion policies, promote the expansion and upgrading of commodity consumption, expand the scope and quality of service consumption, and expand the volume and efficiency of inbound consumption. Tencent Cloud executives recently attended a sub-forum of the World Artificial Intelligence Conference and stated that in order to reduce the cost of inference to the extreme, the company will deploy localized computing power on a large scale; the company expects to deploy NPO (near package optics) super nodes in the fourth quarter of 2026, and called for the unification of NPO industry standards at home and abroad. On the 21st, Inspur Group signed a strategic cooperation agreement with Beijing State-owned Assets Corporation and Beijing Data Group in Inspur Science and Technology Park. According to the agreement, Inspur Group, Beijing State-owned Assets Corporation and Beijing Data Group will give full play to their respective advantages, focus on computing infrastructure construction, information technology application innovation, digital transformation, artificial intelligence and other aspects to carry out in-depth cooperation and implement a number of high-value projects. NVIDIA announced on July 21 that the Vera Rubin platform for "gigabit AI factories" is expanding deployment globally. CoreWeave, Google Cloud, Microsoft Azure and Oracle Cloud have begun to adopt the Vera Rubin NVL72 system. Nvidia said that CoreWeave tests showed that Vera Rubin NVL72 can achieve a 10 times increase in token throughput per megawatt compared to Grace Blackwell NVL72. The platform integrates Vera CPU, Rubin GPU, NVLink 6, ConnectX-9 SuperNIC, BlueField-4 DPU and Spectrum-6 switching system to improve the efficiency of AI training and inference. Nvidia said that Vera Rubin has covered more than 350 factory nodes and 30 countries around the world, with the goal of reducing AI infrastructure costs and improving energy efficiency.
NVIDIA issued a document saying that DeepInfra's benchmark test results show that NVIDIA Vera CPU is more than twice as fast as other CPUs and can support more concurrent AI agents. Cloud platform DeepInfra is an early experience participant in NVIDIA's open AI ecosystem, independently designing and running benchmarks based on its production AI agent infrastructure. DeepInfra processes nearly five trillion tokens every week, about 30% of which are driven by agent systems. Its cloud platform is built for high-throughput AI inference. Benchmark tests show that under the same service quality, it supports up to 1.6 times concurrent AI agents, and the collaboration speed is up to 2.2 times, while improving infrastructure utilization and cost-effectiveness. These results demonstrate that NVIDIA Vera CPUs can achieve the cost-effectiveness, low latency, and throughput required for production agent AI. As AI agents take on more complex reasoning, planning, tool usage, and data flow, CPU performance becomes increasingly important in the orchestration work around each model invocation. As part of Nvidia's extreme co-design strategy for AI factories, Vera CPUs are designed for agentic workloads. DeepInfra’s benchmark highlights how NVIDIA Vera CPUs can help cloud service providers improve infrastructure utilization, increase cost efficiency, and support more concurrent AI agents with the same quality of service. Microsoft and French artificial intelligence startup Mistral AI announced on July 21 the expansion of their strategic cooperation and a multi-billion-dollar agreement around the construction of European AI infrastructure to enhance AI computing capabilities in Europe. Under the agreement, Microsoft will leverage Mistral's expanded European GPU infrastructure to power its cloud computing and AI services. The infrastructure will be based on thousands of Nvidia Vera Rubin GPUs. Intel and cybersecurity company Fortinet announced on July 21 the expansion of their long-term cooperation. The two parties will jointly develop Fortinet Security Processor 6 (SP6), combining Fortinet's dedicated security processor design capabilities with Intel's semiconductor design, advanced packaging and manufacturing technology to improve network security product performance and supply chain resilience. According to CCTV News, on July 21, local time, Fatih Birol, executive director of the International Energy Agency, issued a statement saying that the escalation of conflicts in the Middle East has affected the Strait of Hormuz and regional energy infrastructure, further exacerbating global oil supply security concerns and market uncertainty; the security threat facing the Bab el-Mandeb Strait has also further increased energy transportation risks. According to the International Energy Agency, since member states decided to release 400 million barrels of strategic oil reserves to the market on March 11, approximately 290 million barrels have entered the market. Member states still hold more than 1 billion barrels of government strategic reserves and can continue to deal with supply risks. However, Birol warned that global energy security still faces serious challenges as conflicts continue and commercial inventories decline. At present, the recovery of refining capacity is slower than the growth of crude oil supply, causing the refined oil market such as diesel and gasoline to be more tense than the crude oil market, and oil prices are still under upward pressure. According to Xinhua News Agency, the team of Wang Kejian, a researcher at the China Rice Research Institute, has recently made important progress in the field of hybrid rice breeding. It has successfully developed a one-line hybrid rice with a cloning efficiency of more than 99% and completely normal fruiting. The team named it "One-line No. 1". This original research result was published in the international academic journal "Vita" on July 21. Experts say that hybrid rice has made an irreplaceable contribution to my country’s and even global food security. However, the three-line and two-line hybrid rice currently used on a large scale cannot save seeds for reuse due to the genetic separation of offspring. They must rely on male sterile lines and restorer lines for artificial seed production every year. The technology is difficult and the production risks are high. The cost of seed production is usually more than 10 times that of conventional rice seeds.
According to CCTV News, on July 21, the National Energy Administration released the "China Oil and Gas Exploration and Development Development Report 2026". Data show that in 2025, my country's crude oil production will reach a record high of 216 million tons, natural gas production will exceed 10 billion cubic meters for nine consecutive years, oil and gas production equivalent will reach a new height of 420 million tons, independent support capabilities will be significantly improved, oil and gas technological innovation, upstream institutional reform and low-carbon transformation and development will take solid steps. According to the latest folding screen smartphone market forecast report released by Counterpoint Research, global folding screen smartphone shipments are expected to achieve a year-on-year growth of 21% in 2026. Samsung is expected to maintain its leading position in the folding screen mobile phone market in 2026, but its market share will decline from 40% in 2025 to 32%, and the competitive landscape will usher in significant changes. Apple is expected to capture 25% of the market share in the first year of entry, Huawei will hold 24%, Motorola and Honor will hold 8% and 3% respectively. According to CCTV News, US President Trump posted on social media on July 21, local time, that starting from August 1, 2026, all generic drugs imported into the United States will continue to be subject to zero tariffs for the next two years. After the two-year period expires, the relevant products will be subject to 100% tariff for one year; thereafter, the tariff will be further increased to 200%. Trump stated that the purpose of implementing this policy is to promote the return of generic drug production to the United States. Companies that fail to build production plants and related equipment in the United States within the specified period will face tariff penalties. The current policies for patented drugs, branded drugs and innovative drugs will continue to remain unchanged due to their good implementation effects. The White House issued an announcement on April 2 that President Trump signed a document that day. According to Section 232 of the Trade Expansion Act of 1962, the United States will impose a 100% tariff on imported patented drugs and pharmaceutical ingredients. This measure also provides a path for exemption or reduction of tariffs, aiming to force pharmaceutical companies to reach an agreement with the White House on drug prices and industrial repatriation. On Tuesday local time, U.S. stocks opened higher and moved higher, with the three major indexes collectively closing higher. The Nasdaq rose 1.29%, the S&P 500 rose 0.89%, and the Dow Jones Industrial Average rose 0.74%. The storage sector rebounded strongly, with SanDisk rising over 14%, SK Hynix rising over 13%, Western Digital and Micron Technology rising over 12%, Seagate Technology rising over 11%, and Kioxia ADR rising over 17%. The optical communications sector rose across the board, with Coherent up over 11%, Lumentum up over 9%, Ciena up nearly 8%, Marvell Technology and Corning up over 6%, and Credo up over 5%. The Philadelphia Semiconductor Index closed up 5.21%, its largest one-day gain since June 22. SpaceX rose more than 3%, ending its seven-day losing streak. International oil prices continued their rise, both approaching June highs. WTI August crude oil futures closed up $1.68, or nearly 2.02%, at $84.91 per barrel. Brent September crude oil futures closed up $1.79, or 2.00%, at $91.01 per barrel. Precious metals markets are also on the rise. COMEX gold futures rose 1.69% to US$4,083.70 per ounce. COMEX silver futures rose 4.23% to US$59.065 per ounce. Xi'an Yicai: Monthly production and sales of 12-inch electronic grade silicon wafers exceeded 1 million pieces Changxin Technology: Online investors gave up subscribing for 6.5862 million shares Zhongshan Public Utilities: Plans to acquire 100% equity of Smart Energy for RMB 408 million Northern Huachuang: It plans to establish an employee stock ownership plan in 2026 with a total capital of no more than 15 million yuan GigaDevice: Plans to use 500 million yuan of A-share proceeds to increase capital in a wholly-owned subsidiary to implement DRAM investment projects Deye Shares: The controlling shareholder proposed to distribute a cash dividend of 16 yuan for every 10 shares in the mid-term of 2026 Yuanjie Technology: Net profit in the first half of the year is expected to increase by 1197%-1305% year-on-year Zhongyi Technology: Net profit in the first half of the year is expected to increase by 880%-1075% year-on-year Weichai Power: Controlling shareholder plans to increase holdings of A shares by RMB 200 million to RMB 400 million Fenglong Shares: Controlling shareholder Youbixuan proposed that the company repurchase 30 million to 60 million yuan of shares Sungrow: Chairman Cao Renxian proposed to repurchase 500 million to 1 billion shares
SF Holding: The implementation of the 6 billion yuan repurchase plan is completed and the cancellation will be processed as soon as possible Kanghui Shares: The subsidiary signed a computing power service contract with an estimated total amount of 415 million yuan to 679 million yuan Hwabao Securities: Stable funds release positive signals, sentiment is expected to get warmer, and dividends are appropriately added to hedge against fluctuations. Huafu Securities: Short-term fluctuations fully release market stage risks, coupled with solid fundamentals, continued capital market.