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Real-time News
On May 17th, the prospectus (application draft) for the IPO of Changxin Technology Group Co., Ltd. on the Science and Technology Innovation Board showed that the company expects the following key financial data for January-June 2026: operating revenue of RMB 110 billion to RMB 120 billion, representing a year-on-year increase of 612.53% to 677.31%; net profit of RMB 66 billion to RMB 75 billion; net profit attributable to owners of the parent company of RMB 50 billion to RMB 57 billion; and net profit attributable to owners of the parent company after deducting non-recurring gains and losses of RMB 52 billion to RMB 58 billion.On May 17, Irans Fars News Agency, citing sources, reported that the US, in responding to Irans proposal, outlined five key conditions: the US would not pay any reparations or war damages; Iran would export and transfer 400 kilograms of enriched uranium to the US; only one Iranian nuclear facility would be allowed to remain operational; the US would refuse to unfreeze Iranian assets; and a ceasefire on all fronts would be contingent on negotiations. The report emphasized that even if Iran met these conditions, the threat of an attack on Iran by the US and Israel would persist. The report quoted analysts as saying that the US proposal was not aimed at resolving the issue, but rather at achieving political and military objectives that it had failed to achieve during the war through negotiation.Ukrainian President Zelensky: Ukrainian drones attacked the Moscow region of Russia.On May 17, the State Flood Control and Drought Relief Headquarters Office and the Ministry of Emergency Management continued to organize meetings with meteorological, water resources, and natural resources departments, as well as 17 provinces including Guangxi, Hubei, and Chongqing, to discuss and assess the development trend of the current round of rainfall and to study and deploy prevention and response measures for key areas. The State Flood Control and Drought Relief Headquarters maintained a Level IV emergency response for flood control in Guizhou, Hubei, and Chongqing. On the same day, the State Flood Control and Drought Relief Headquarters Office dispatched a working group to Guangxi to assist and guide the search and rescue operation for people whose vehicles had fallen into the river in Luoyang Town, Huanjiang County, Hechi City.China Earthquake Networks Center Quick Report: #Earthquake Bulletin# China Earthquake Networks Center automatically determined that an earthquake of approximately magnitude 3.6 occurred at 17:07 on May 17 near Liunan District, Liuzhou City, Guangxi (24.36 degrees north latitude, 109.28 degrees east longitude). The final result is subject to the official quick report.
