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On May 25th, Tencent's ima announced that the Copilot AI assistant feature, which had previously attracted over 100,000 pre-registrations, is now officially available to all users. All users can directly use it by updating to the latest version of ima, without needing to wait in line. This feature has completed a month-long gray-scale testing phase and is now officially launched to all users. ima Copilot is positioned as an intelligent agent with personal knowledge base capabilities. It can deeply memorize user habits, project progress, and usage preferences, eliminating the need for repeated background information and enabling personalized interaction. Leveraging its direct knowledge base connection capabilities, ima Copilot can quickly complete tasks such as material organization and copy generation.

According to the Shanghai Stock Exchange website, the IPO application of Speechocean Technology Co., Ltd. on the Science and Technology Innovation Board has been accepted by the Shanghai Stock Exchange, and the company plans to raise RMB 1.555 billion.

On May 25th, the head of the Department of Consumption Promotion of the Ministry of Commerce discussed the situation of my country's consumer market in April 2026. Inbound consumption continued to heat up, and departure tax refunds increased significantly. With the continuous expansion of visa-free countries, the optimization and upgrading of departure tax refund policies, and the orderly implementation of the "Buy in China" campaign, "inbound traffic" is rapidly transforming into "consumption growth." In the first quarter, travel service exports increased by 32.3% year-on-year. From January to April, sales of goods eligible for departure tax refunds in Guangzhou and Shenzhen increased by 186% and 145% respectively, while those in Shanghai and Beijing increased by 65% and 45% respectively.

On May 25th, it was learned from the Ministry of Housing and Urban-Rural Development that, with the continuous advancement of garbage sorting in my country, garbage sorting has basically achieved full coverage in residential communities of prefecture-level and above cities nationwide. The latest data from the Ministry of Housing and Urban-Rural Development shows that garbage sorting has basically achieved full coverage in residential communities of 297 prefecture-level and above cities. By the end of 2025, there will be 1,137 incineration facilities nationwide, with a daily processing capacity of 1.18 million tons. Fifteen provinces and municipalities, including Beijing, Zhejiang, and Shandong, have achieved "zero landfill" of raw domestic waste, and the control of major pollutant emissions is among the world's leading levels. To ensure the effective implementation of garbage sorting, prefecture-level and above cities have issued 199 local regulations or rules related to garbage sorting and formulated more than 100 technical standards and specifications. Garbage sorting has become a fundamental task in various regions. The Ministry of Housing and Urban-Rural Development stated that, according to the plan, this year it will continue to optimize and improve the policy system, strengthen the management of recyclables according to local conditions, and improve the resource recycling rate of garbage. It strives to achieve a resource utilization rate of over 76% for urban domestic waste nationwide by the end of 2030.

On May 25th, the Shanghai Stock Exchange and China Securities Index Co., Ltd. decided to revise the compilation scheme of the SSE Smart Home Index to further enhance the investability of the index. The revisions include: (1) adding an investability screening rule: the average daily turnover in the past year must rank in the top 90% of the sample space; (2) revising the sampling method: for securities that meet the investability screening criteria in the sample space, the top 50 securities in terms of average daily total market capitalization in the past year will be selected as index samples from smart home terminal equipment, component applications, home intelligence and whole-house interconnection and other smart home-themed securities; (3) revising the weighting method: free-float market capitalization weighting, with the weight of a single sample in the household appliances and home furnishing industry not exceeding 10%, and the weight of a single sample in other industries not exceeding 3%; (4) adding a periodic adjustment ratio limit: the proportion of the number of samples adjusted each time generally does not exceed 20%. The rest of the index compilation scheme remains unchanged. The above revisions to the compilation scheme will be implemented on June 15, 2026.

According to the Shanghai Stock Exchange's official website, the IPO review status of Beijing MicroNano Starry Sky Technology Co., Ltd. has changed to "under inquiry".

May 25 - On the afternoon of May 25, President Xi Jinping will hold talks with Serbian President Aleksandar Vučić, who is on a state visit to China, at the Great Hall of the People in Beijing.

Japanese Prime Minister Sanae Takaichi: We continue to call for energy conservation, but we are not currently at a stage of further energy conservation, which may affect economic activity.

Japanese Prime Minister Sanae Takaichi: We believe that it is possible to issue bonds without causing significant impact on the market.

Japanese Prime Minister Sanae Takaichi: Japanese Minister of Economic Revitalization Ryosuke Akazawa will announce detailed information on energy conservation measures tomorrow.

Japanese Prime Minister Sanae Takaichi: I will call for energy-saving measures to be implemented every summer and winter since the oil crisis.

Japanese Prime Minister Sanae Takaichi: We will increase the proportion of nuclear and renewable energy from the current 30% to 70%.

Japanese Prime Minister Sanae Takaichi: (Issuing deficit financing bonds) will not have an impact on the bond market because the new debt will be offset by higher tax revenue, as will other factors.

Japanese Prime Minister Sanae Takaichi: There will be no increase in bond issuance beyond the calendar.

Japanese Prime Minister Sanae Takaichi: New deficit financing bonds will be issued to support additional budget.

Japanese Prime Minister Sanae Takaichi: A new budget reserve will be established to address the impact of rising energy costs caused by the situation in the Middle East.

Japanese Prime Minister Sanae Takaichi: A supplementary budget of over 3 trillion yen will be prepared.

Japanese Prime Minister Sanae Takaichi: 500 billion yen will be allocated from reserves as subsidies.

Japanese Prime Minister Sanae Takaichi: Support measures will be implemented from July to September to curb the rise in household electricity and gas costs.

On May 25th, in response to recent market discussions regarding the "orderly liquidation of fixed-income products by leading loan facilitation institutions," Yirendai issued a statement clarifying that as an independently operating listed company, Yirendai operates within a separate business system from its other business segments, with completely isolated operations and management. Yirendai does not engage in any wealth management-related business. The company further stated that its overall operations are currently stable, all businesses are progressing smoothly, and its cash flow and risk control indicators remain healthy, unaffected by the market discussions.