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Minority Shareholders can't wait three years? Hainan Development Holdings Nanhai's duty-free Assets injection faces another reversal as the controlling Shareholder's delay is unsuccessful | Quick read announcement.
① The proposal for Hainan Development Holdings Nanhai's controlling shareholder to postpone the fulfillment of the Duty Free Shop Concept asset injection commitment was not approved by the shareholders' meeting; ② In 2020, the company's controlling shareholder changed to Hainan Holdings, and the Duty Free Shop Concept became a major trend in the market that year, leading Hainan Development to become a strong stock; ③ After a second reversal, there is now less than a month until the originally scheduled commitment expiration date, making the future direction of this event worth watching.
The Central Air Traffic Control Commission has deployed measures to strengthen low-altitude air traffic control work, with policies driving the Industry into a rapid development period.
To ensure the high-quality development of General Aviation and the low-altitude economy, the Central Air Traffic Management Commission issued special measures, focusing on perfecting the low-altitude management system, optimizing airspace resource allocation, improving service quality and efficiency, strengthening basic support capabilities, and reinforcing legal management of airspace usage, among other aspects, to enhance low-altitude air traffic management across the national air traffic control system.
China National Chemical Engineering and Physical Power Supply Industry Association: From January to February, China's lithium-ion Battery export value reached 9.722 billion USD, an increase of 11.4% year-on-year.
In January and February 2025, the number of lithium-ion Battery exports from China was 0.635 billion units, a year-on-year increase of 12.9%; in the same period, the export value of lithium-ion Batteries was 9.722 billion dollars, a year-on-year increase of 11.4%, indicating a good overall export situation.
The signal for price increase in cloud-based services has appeared, signaling the start of an upward cycle in computing power.
With the gradual release of deep thinking models such as Deepseek R1 and openAI o1/o3, the demand for high-performance computing on the inference side is rapidly being unleashed, leading to a rapid expansion of Capex by major companies like Alibaba and Tencent, with a quarterly capital expenditure increase of over 250% in Q4 2024, marking the formal entry of the cloud upstream into a new upward cycle.
Large orders frequently appear in the low-altitude economy Industry, driven by policies that propel the sector into a rapid development phase.
①According to reports, Wuhan city has approved 24 low-altitude flight routes, including 8 manned routes and 16 Drone routes, fully covering various fields such as short-distance transportation, aerial tours, and Logistics Transportation. ②Ping An Securities pointed out that the low-altitude economy is one of the typical representatives of new productive forces, and current policies are driving the low-altitude economy into a period of rapid development.
Are Steel stocks expected to stage a major reversal? Goldman Sachs: China State Construction Engineering Corporation's activity is showing preliminary signs of recovery, and steel demand is expected to rebound.
① Goldman Sachs stated that as the China State Construction Engineering Corporation activity shows preliminary signs of improvement, it could boost the prices of Steel and other CSI Commodity Equity Index. ② The Chinese government's work report emphasizes Real Estate efforts, proposing goals such as "stabilizing the Real Estate and stock markets" and "promoting the healthy development of the Real Estate and stock markets with greater efforts." ③ According to Goldman Sachs data, demand for CSI Commodity Equity Index related to infrastructure construction has slightly increased for the first time in three years, predicting that China may reduce Steel production by about 50 million tons to restore profitability.