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Real-time News
On August 24th, local time, Ukraine launched a large-scale drone attack on several regions of Russia. Logistics centers of Ozon, a leading Russian e-commerce company, located in the Krasnodar Krai, Adyg Republic, Dagestan Republic, and Stavropol Krai were attacked, causing fires. Ozon stated that it has begun evacuating affected warehouse staff, and some products have been removed from the platform, with orders canceled or rerouted.On August 24th, Shanghai issued the "Shanghais 15th Five-Year Plan for Accelerating the Promotion of New Industrialization and Building a Modern Industrial System." The plan proposes to promote the transformation and upgrading of vehicle manufacturing, strengthen local R&D of leading vehicle manufacturers, focus on innovation in autonomous driving and power batteries, deepen the independent control of the entire technology stack, and enrich the supply of high-end products. It also aims to accelerate the innovative application of intelligent connected vehicles, deepen the construction of autonomous driving training grounds, achieve full coverage of L2-level combined assisted driving in new vehicles, and accelerate the mass production of L3-level conditional autonomous driving and L4-level highly automated driving. The plan will steadily promote the innovative application demonstration of autonomous driving in intelligent buses, intelligent heavy trucks, and intelligent taxis, and promote the application of unmanned special-purpose vehicles. Furthermore, it will promote collaborative breakthroughs in the "three electrics" (battery, electric drive, and electronic control) fields, deploy next-generation power battery R&D and mass production lines, and seize new opportunities in the transformation track.On August 24th, Shanghai issued the "Shanghai Municipal 15th Five-Year Plan for Accelerating the Promotion of New Industrialization and Building a Modern Industrial System." The plan proposes to comprehensively enhance intelligent computing capabilities, tackle key challenges in developing high-performance, low-power, and high-efficiency intelligent computing chips, improve cluster networking and cloud service capabilities, and explore innovative architectures such as heterogeneous computing, optical computing, and quantum artificial intelligence; optimize intelligent computing infrastructure, and build an urban computing network. It also emphasizes continued efforts in large-scale model development, focusing on the research and development of next-generation large-scale models, overcoming key technologies such as architecture design and training optimization, promoting the coordinated development of chips, large-scale models, and intelligent computing clouds, and building an independent ecosystem. Furthermore, it calls for in-depth promotion of the "Model Power Gathering in Shanghai" initiative, accelerating the maturation of embodied intelligence technology, strengthening the independent full-industry chain layout of intelligent robots, improving the performance of key links, and promoting practical applications in key areas such as industrial manufacturing, logistics assembly, commercial retail, medical and health care, and domestic services.Leapmotor (09863.HK): Currently, the City Navigation Assisted Driving feature is available on all Leapmotor ABCD models. In addition, the nationwide City Navigation Assisted Driving feature will be rolled out to LEAP3.0 architecture models in the third quarter of 2026.On August 24th, Leapmotor (09863.HK) announced on the Hong Kong Stock Exchange that its revenue for the six months ended June 30, 2026 was RMB 38.11 billion, an increase of 57.2% compared to RMB 24.25 billion in the same period of 2025. This change was mainly due to the increase in the delivery volume of complete vehicles and spare parts. The gross profit margin for the six months ended June 30, 2026 was 11.7%, a decrease of 2.4 percentage points compared to 14.1% in the same period of 2025, mainly due to the impact of rising raw material costs and changes in the vehicle product mix. The gross profit margin for the second quarter of 2026 was 12.6%, an increase of 3.2 percentage points compared to the first quarter of 2026. The net profit attributable to equity holders of the Company for the six months ended June 30, 2026 was RMB 210 million, compared to RMB 30 million in the same period of 2025.