Putian Technology: The total bid amount of the wholly-owned subsidiary Far East Communication is 687 million yuan. Putian Technology announced that the wholly-owned subsidiary Far East Communication participated in the procurement project of communication system in the first phase of Shijiazhuang urban rail transit line 4 and the procurement project of communication system equipment in the first phase of line 5. On December 6, 2024, Hebei Provincial Public Resource Trading Center issued a public announcement of the successful bidders, and Far East Communication was the first successful candidate. The amount of the first target of the project is 501 million yuan, and the amount of the second target of the project is 186 million yuan. The publicity period has ended, but Far East Communication has not yet obtained the Notice of Winning Bid and signed a formal contract, so there is some uncertainty.Amazon has deployed 750,000 robots in the global logistics network. At the 2024 Amazon Global Cross-border Summit, Amazon executives revealed that more than 750,000 robots have been deployed in its global logistics distribution network. Among them, there are fixed packaging picking robots such as Fanuc, and autonomous mobile robots for warehousing and handling.Lu Zhe, chief economist of soochow securities: It is predicted that the drag of real estate on the economy will be greatly weakened in 2025. At the 2025 Dongwu Strategy Meeting held on the 10th, Lu Zhe, chief economist of soochow securities, said that the leverage ratio of Chinese government departments, especially the central government, is not high, which has sufficient policy space and full confidence in China's economy next year. The driving force of economic growth will come from three aspects. First, the growth rate of consumption will pick up. The "trade-in" policy has boosted consumption this year and is expected to play a greater role next year; Second, real estate has stopped falling and stabilized. Since the introduction of the "package policy" in October, various real estate indicators have shown signs of stopping falling. It is expected that it will continue to stabilize next year, and the drag of real estate on the economy will be greatly reduced; Third, the policy of "10 trillion yuan in five years" will stimulate the vitality of local governments, open up the blocking point of fiscal policy transmission, and support China's economy to be stable and far-reaching.
Government of India: Appoint Ajay Seth, the current Minister of Economic Affairs, as Minister of Finance.France's nuclear power generation hit its highest level since January 19th.Without the government's approval, the South Korean National Assembly passed the budget reduction bill for next year. On the 10th, the South Korean National Assembly held a plenary meeting and adopted a cut version of the 2025 budget with a total amount of 673.3 trillion won (about 3.41 trillion yuan). According to Yonhap News Agency, this is the first time that the South Korean National Assembly passed the budget without agreement between the ruling party and the opposition party. In the 300-seat parliament, 278 members voted on the budget, 183 were in favor, 94 were against and 1 abstained. The ruling National Power Party and some opposition party members voted against it. This budget is one of the focal points of the recent struggle between the ruling and opposition parties in South Korea and one of the factors inducing the current political chaos. The original budget proposed by the government was 677.4 trillion won, but the largest opposition party, the Common Democratic Party, demanded a reduction of 4.1 trillion won, mainly involving the government reserve fund, the special activity expenses of the presidential secretary's office and the national security office, the special work expenses and special activity expenses of the procuratorate and the supervision institute. (Xinhua News Agency)
Repeated calls for performance compensation exceeding 500 million yuan failed. On December 10th, Runbang Co., Ltd. (002483.SZ, share price of 5.57 yuan, market value of 4.938 billion yuan) disclosed that the company recently filed a lawsuit with Wang Chunshan, a performance compensation obligor, to the Intermediate People's Court of Nantong City, Jiangsu Province, which was accepted. It is worth mentioning that Runbang shares received a letter of inquiry before, and the CSI Small and Medium Investor Service Center asked the company to explain what specific measures have been taken to solve the unfulfilled performance commitments in 2023 and the current progress, as well as the reasons why judicial measures have not been taken to recover. According to the announcement, on February 20, 2019, Runbang shares purchased 73.36% equity of Hubei CNPC Youyi Environmental Protection Technology Co., Ltd. (hereinafter referred to as "CNPC Environmental Protection") by way of issuing shares, with 990 million yuan in equity transfer price and 9 individuals and enterprises including Wang Chunshan as the counterparty. On the same day, Runbang Co., Ltd. and Wang Chunshan, the performance promise party, signed the Performance Compensation Agreement, and since then, both parties have successively signed two supplementary agreements. Wang Chunshan, as the performance promisor, promised that the net profit of the target company (whichever is lower before and after deducting the non-recurring gains and losses) under the consolidated income statement audited by an accounting firm entrusted by a listed company in compliance with the securities law from 2019 to 2023 shall not be less than 130 million yuan, 50 million yuan, 160 million yuan, 190 million yuan and 218 million yuan respectively. (per meridian)Ukraine National Natural Gas Transportation Company: On December 11th, the nominated amount of Russian natural gas at Sudzha border crossing was 42.39 million cubic meters, while on December 10th, it was 42.34 million cubic meters.On the 10th, coke rose by 3.10%, and the latest main contract positions changed as follows. According to the exchange data, as of December 10th, the main contract coke closed at 2501, up or down by +3.10%, with a turnover of 33,900 lots. The position data showed that the top 20 seats were clear, and the difference position was 1,358 lots. The total number of contracts for coke futures was 44,100 lots, an increase of 21,000 lots over the previous day. The first 20 seats in the contract held 13,400 lots, a decrease of 959 lots from the previous day. The first 20 seats in the contract held 14,800 short positions, a decrease of 1,497 lots from the previous day. (Sina Futures)
Strategy guide
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Strategy guide 12-13