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**Important News** 1. Our country successfully launched the ninth batch of satellites for the Qianfan constellation network. 2. The first domestic case of a data center connecting to a virtual power plant to participate in electricity spot market trading. 3. State Council Executive Meeting: Accelerate the construction of a fertility-friendly society and strengthen fertility service guarantees. 4. China Securities Regulatory Commission (CSRC) held a symposium on capital market support for the development of modern service industries and new consumption enterprises. 5. CSRC issued the *Administrative Measures for Supervision of Derivatives Trading (Trial)*. 6. Wang Yi: President Xi Jinping will make a state visit to the United States this fall. 7. Russian President Vladimir Putin will make a state visit to China. 8. Changxin Technology: First-quarter revenue increased by 719.13% year-on-year, with net profit of 33 billion yuan; estimated first-half revenue of 110-120 billion yuan, excluding non-recurring items, net profit attributable to shareholders is expected to be 52-58 billion yuan. **Individual Stock News** 1. Shanghai Telecom released a Token pricing package: 1 yuan corresponds to 250,000 quota points, supporting mobile bill payments. 2. Shanghai Mobile announced the launch of a universal Token service: 1 yuan can purchase 400,000 Tokens. 3. Yun Tian Li Fei: Shanghai Pu Yun Tian Xin officially unveiled, advancing AI high-performance inference chip development and ecosystem collaboration. 4. Ganfeng Lithium: Current industry inventory days for lithium ore and lithium salts are at historical lows. 5. Gotion High-Tech: Solid-state batteries are rapidly entering the "1 yuan era." 6. CATL (Contemporary Amperex Technology Co., Ltd.) deepened strategic cooperation with Xiamen City to accelerate the construction of a zero-carbon technology city and layout for low-altitude economy. 7. China Mobile: Will strengthen research and development of key core technologies for 5G-A, 6G, satellite internet, and other communication networks. 8. Juli Sling: The company is under investigation for alleged violations related to misleading statements in information disclosure. 9. Quzhou Development: Terminated the acquisition of 95.4559% equity in Xiandao Electric Technology. 10. Feiling Kesi: Currently has no relevant product or service cooperation with Hon Hai. 11. Haiguang Information: Provided computing power support for the "First Artificial Intelligence Innovation and R&D Exchange Event in the Energy and Power Industry."

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