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Shougang shares invested in the establishment of electromagnetic materials technology company in Suzhou. The enterprise search APP shows that Shougang Zhixin Electromagnetic Materials Technology (Suzhou) Co., Ltd. was recently established, with Zhao Songshan as the legal representative and a registered capital of 5 million yuan. Its business scope includes: hardware product manufacturing; Sales of metal materials; Metal cutting service; Sales of metal products. Enterprise survey shows that the company is wholly owned by Shougang Zhixin Electromagnetic Materials (Qian 'an) Co., Ltd., a subsidiary of shougang shares.Optoelectronic Co., Ltd.: The core material GP of optical communication of Xinhuaguang Company has made a breakthrough. According to the news of Optoelectronic Co., Ltd., recently, the core material GP of optical communication independently developed by Xinhuaguang Company of Optoelectronic Co., Ltd. has broken through the mass production process, and has been sent to many enterprises in the optical communication field for testing and use, and its performance meets the requirements of customers. The product has special function effect, which can realize unidirectional conduction of light, improve the efficiency and reliability of signal transmission, and plays a very important role in the field of optical communication. With the rapid development of artificial intelligence, products will also help improve the computing power of artificial intelligence.Market News: South Korea's National Assembly passed the resolution of the special prosecutor to investigate martial law.

  Oceanwide Holdings and others have resumed execution of 2.207 billion yuan. According to the legal litigation information of Tianyue, on December 9, Oceanwide Holdings Co., Ltd. added two pieces of resumption information, with a total execution target of 2.207 billion yuan. The executors also included Wuhan Central Business District Co., Ltd., and the enforcement court was Beijing No.2 Intermediate People's Court. Tianyan risk information shows that Oceanwide Holdings Co., Ltd. has 10 pieces of information about executed persons, and the total amount of execution exceeds 16.7 billion yuan. In addition, the company also has a number of restrictions on consumption orders, final cases and information on the freezing of shares.

On December 10th, it was reported that Yizi International, a snack and candy company, was exploring the acquisition of Hershey, a well-known chocolate manufacturer in the United States. This potential transaction is expected to create a food giant with a total sales of nearly $50 billion. People familiar with the matter said that Yizi had made preliminary contact on a possible merger. By the end of last week, the market value of Yizi was about $84 billion, compared with $35 billion at Hershey. People familiar with the matter said that the consultation was at an early stage and it was uncertain whether an agreement would be reached.Wo Sai will launch a mini 3D lidar in the field of robotics. From January 7 to 10, 2025, Wo Sai will participate in the International Consumer Electronics Show CES 2025 held in Las Vegas. At this year's CES, Hesai plans to launch its latest product, the new mini high-performance 3D lidar, on January 7th. This new product combines high resolution, low power consumption, lightness and flexibility, and is specially designed for the robot and industrial market. Mini's shape and flexible integration will make it an ideal choice for all kinds of mobile robots, enabling AGV/AMR, unmanned delivery vehicles, mowing robots, cleaning robots, agricultural robots, etc., as well as smart ports and factories, static sensing and other extensive industrial applications. In addition to displaying this new product, Hesai will also display high-performance lidar products for the pre-assembly mass production market on the spot.HSBC: The Bank of Japan may raise interest rates next week. Economists at HSBC Global Research pointed out that the Bank of Japan may raise interest rates at its meeting in December. Frederic Neumann and Jun Takazawa, the bank's economists, said that the recent hawkish remarks by officials reflected both foreign exchange fluctuations and the improvement of economic data. Most members of the Bank of Japan's Policy Committee may have enough confidence that wages will continue to increase generally next year and will choose to raise interest rates before December and January, when Trump takes office. Japan's economy and prices are still on the normal track, and wages, consumption and service inflation have all made progress. HSBC predicts that the Bank of Japan will raise interest rates by 25 basis points again in the first quarter of 2026, bringing the policy interest rate to 1%.