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Real-time News
January 15th - As vehicle autonomous driving capabilities continue to evolve, the related industry chain has maintained a high growth rate in recent years. Among them, LiDAR, used for ranging, is a key hardware component, with shipments steadily increasing. A production director of a company explained that the price of entry-level LiDAR on the market has now dropped to a relatively low level. "Vehicles can be equipped with traditional LiDAR for around 1000, 2000, or 3000 yuan." Furthermore, computing power is also crucial. The head of a company specializing in intelligent computing explained that the current implementation of Level 3 autonomous driving is expected to further boost market growth. "The implementation of Level 3 represents a concentrated surge in computing power demand in the automotive and autonomous driving industries, potentially expanding more than tenfold."On January 15th, Qide New Materials released its performance forecast, projecting net profit of 18 million to 20.8 million yuan in 2025, representing a year-on-year increase of 107.21% to 139.44%. The company vigorously promoted R&D innovation and industrial upgrading, seizing the strategic opportunities presented by domestic industrial transformation and upgrading, as well as the high-end and lightweight development of new energy vehicles. It actively expanded domestic and international markets, and its various strategic goals were steadily advanced. During the reporting period, the company further optimized its downstream application areas and customer structure, with automotive applications becoming the largest source of revenue. The volume of high-end specialty engineering plastics continued to grow, overseas production capacity continued to increase, and performance growth was outstanding. Significant progress was made in the development of carbon fiber products, and the introduction of new customers and new products accelerated. Simultaneously, the company implemented comprehensive quality management, effectively promoting a steady increase in profitability and achieving a substantial overall profit increase.On January 15th, Yan Xiandong, Director of the Survey and Statistics Department of the Peoples Bank of China, stated at a press conference held by the State Council Information Office that by the end of 2025, the total assets of asset management products reached 119.9 trillion yuan, a year-on-year increase of 13.1%. This includes 34.5 trillion yuan in bank wealth management products, 14.8 trillion yuan in public funds, 22.8 trillion yuan in asset management trusts, and 21.6 trillion yuan in asset management products from insurance companies, securities firms, funds, futures companies, and financial asset investment companies. On the one hand, in 2025, funds raised by asset management products from households and non-financial enterprises increased by 4 trillion yuan and 1 trillion yuan respectively, exceeding the total for 2024 by 337.9 billion yuan and 200 billion yuan respectively. On the other hand, in 2025, deposits and certificates of deposit, the underlying assets of asset management products, increased by 4.6 trillion yuan, accounting for nearly half of the total new underlying assets of asset management products.On January 15th, Huichen Technology announced that its wholly-owned subsidiary, Wuhan Huichen Zidao Data Technology Co., Ltd., will transfer RMB 39.0445 million of accounts receivable recognized in 2024 and earlier to its controlling shareholder, Liangzhi Zhengde. According to the special audit report, as of December 31, 2025, Wuhan Huichens outstanding accounts receivable balance at the end of 2024 totaled RMB 39.4756 million, and the final transaction price was determined to be RMB 39.4756 million. Liangzhi Zhengde has paid the full amount. This transaction is subject to shareholder approval, and related shareholders must abstain from voting.On January 15th, Suren Thiru, Director of Economic Affairs at the Institute of Chartered Accountants in England and Wales, stated that the UKs economic recovery in November reduced the likelihood of a Bank of England rate cut in February. He pointed out that the 0.3% month-on-month GDP growth in November gave Monetary Policy Committee members, who remained concerned about inflation, sufficient confidence to postpone their vote on easing monetary policy given the economic situation. Current data suggests that the UK economy will achieve moderate growth in the fourth quarter of 2025, and the easing of uncertainty following the budget may have supported growth in December. However, he also noted that the economic recovery may not trigger a sustained recovery. While lower inflation provided a boost, weak consumer spending and increased tax burdens could mean even weaker economic growth in 2026.
