Three departments encourage the development of "AI+" research and design software, and industrial large models are expected to accelerate implementation.

The Ministry of Industry and Information Technology, the State-owned Assets Supervision and Administration Commission of the State Council, and the All-China Federation of Industry and Commerce issued the "Implementation Guidelines for Digital Transformation of Manufacturing Enterprises." It proposes to develop "AI+" research and development design Software, to construct datasets such as design models and simulation models, to carry out model training, and to develop innovative applications such as generative design and real-time simulation, to accelerate the research and development of new products.

cls.cnDec 25 19:10 ET

Breaking news! The 62.3 billion New Retail leader's wholly-owned subsidiary sells 9.87% of Zhongbai Holdings Group shares | Post-market announcement highlights

Shanghai Welltech Automation: Plans to acquire control of Zijiang New Materials, expected to constitute a significant Assets restructuring.

cls.cnDec 18 07:28 ET

The State-owned Assets Supervision and Administration Commission and the National Development and Reform Commission jointly issued significant venture capital policies, and the equity market is expected to enter a period of development and prosperity.

① The State-owned Assets Supervision and Administration Commission (SASAC) and the National Development and Reform Commission jointly issued policy measures to promote the high-quality development of venture capital funds by central enterprises, supporting these enterprises to initiate and establish venture capital funds, focusing on early-stage, small-scale, long-term investments, and hard technology. ② Citic sec research reports indicate that in the context of the secondary market entering a valuation expansion cycle, with the increasing linkage effect between the primary and secondary markets, the equity market will also move towards a prosperous period of high-quality development.

cls.cnDec 2 19:02 ET

wanhua chemical group Q3 net income fell by 29.41% due to product price decreases and rising raw material costs | Financial report insights

In the third quarter, due to the year-on-year decrease in product prices and the year-on-year increase in main raw material prices, product costs increased, gross profit decreased. Net income of wanhua chemical group was 2.919 billion yuan, a year-on-year decrease of 29.41%, total revenue was 50.537 billion yuan, a year-on-year increase of 12.48%.

wallstreetcnOct 28 08:40 ET

The stock price rose by more than 70%, but Mogao Group's restructuring plan failed. Haotian Technology's dream shattered for the second time. | Quick Read Announcement

1. Mogao Corporation announced the termination of the restructuring with Gansu Haotian Technology Co., Ltd. (referred to as "Haotian Technology"); 2. Mogao Corporation has accumulated a growth rate of over 70% in the past two months; 3. The performance of Mogao Corporation, which is planning to restructure, is not optimistic, and the risk of delisting still exists.

cls.cnOct 25 11:16 ET

The decline in product price spread dragged down Hengli Petrochemical's Q3 net income to 1.09 billion, a sharp 59% year-on-year decrease. | Financial Report Watch

In the third quarter, hengli petrochemical's earnings per share were 0.16 yuan, a year-on-year decrease of 57.89%. In the third quarter, hengli petrochemical's profit and earnings per share both fell by nearly 60%, mainly due to a year-on-year decrease in product price differentials in the quarter, leading to a decrease in quarterly profit.

wallstreetcnOct 24 08:53 ET