MIIT: Moderately advance layout and construction of 5G, intelligent computing, etc.; Two stocks plan dividend distribution and high bonus share issuance... Other important pre-market messages include these

Important News Highlights

1. On the 16th, Chinese Ministry of Commerce International Trade Negotiator and Vice Minister Li Chenggang said that over the past day and a half, Chinese and U.S. teams held in-depth, honest, and constructive consultations. Through these talks, both sides have reached preliminary consensus on some issues, and we will continue to maintain the consultation process.

2. Li Chenggang stated on the 16th that China’s position on the U.S. unilateral Section 301 investigation is consistent, and we oppose such unilateral investigations. We are concerned that the possible outcomes of these investigations could disrupt and damage the hard-won stable economic and trade relations between China and the U.S.

3. The State Administration of Financial Supervision held an expanded meeting on March 16, emphasizing the need to carefully resolve risks in key areas. Efforts will be made to effectively and orderly resolve risks in small and medium financial institutions, firmly prevent “爆雷” (financial crises). The “Guarantee Housing Delivery” whitelist system will be further utilized, and a new financing system suitable for the development of new real estate models will be established more quickly. Support for debt risk resolution of financing platforms will be conducted in accordance with laws and regulations. Illegal financial activities will be strictly cracked down on to protect the people’s “money bags.”

4. The Ministry of Industry and Information Technology held a cadre meeting. The meeting emphasized promoting the optimization and upgrading of the industrial system. Implementing the revitalization of traditional industries, deploying major technological transformation and upgrading projects, and piloting new technological transformation cities. Strengthen standards, quality, and brand building. Cultivate and expand emerging and future industries, including integrated circuits, aerospace, and biomedicine, to build new pillar industries. Establish mechanisms for future industry investment growth and risk sharing. Vigorously develop intelligent manufacturing, green manufacturing, and service-oriented manufacturing. Promote deep integration of informatization and industrialization. Appropriately and proactively plan the construction of new information infrastructure such as 5G and intelligent computing, creating an upgraded “5G + Industrial Internet” version. Carry out digital transformation in manufacturing, implement “AI + Manufacturing” initiatives, and cultivate distinctive intelligent entities. Accelerate the development of satellite internet.

5. The Shanghai branch of the People’s Bank of China, in conjunction with the Shanghai Regulatory Bureau of the National Financial Regulatory Administration, issued the “Notice on Adjusting the Minimum Down Payment Ratio Policy for Commercial Property Loans in Shanghai,” which makes the following adjustment: Starting March 16, 2026, the minimum down payment ratio for commercial property (including “commercial-residential mixed-use” properties) in Shanghai will be adjusted to no less than 30%.

6. Meta plans to invest up to $27 billion in AI company Nebius over the next five years. Nebius stated in a release that starting early 2027, it will provide Meta with $12 billion in dedicated computing power, and Meta also committed to purchasing up to $15 billion in additional computing capacity.

Must-See Company News

Sanlianban Sanfangxiang: Recently, prices of major chemical products and company products have fluctuated significantly, with no obvious impact on profitability or gross margins.

Chitianhua: Recently, methanol market prices have slightly increased. The company’s methanol products have not been exported externally.

Dofluo Duo: Yifeng Electronics has not established any form of business cooperation, brand licensing, or product manufacturing relationships with Shufu Xiang, Zengqiao Food, or other companies.

Xiangyou Technology: Under investigation by the China Securities Regulatory Commission for suspected illegal information disclosure.

Xiechuang Data: Projected net profit for 2025 increased by 68.32% year-over-year; plans to issue 10 shares for every 4 shares held, with a dividend of 3.4 yuan per 10 shares.

Jinfang Energy: Projected net profit for 2025 increased by 176.06% year-over-year; plans to distribute 2.5 yuan per 10 shares and issue 4 bonus shares.

Gaoling Information: Planning to acquire the controlling stake in Kairui Xingtong; stock trading suspended.

Nanya New Materials: Planning to buy back shares worth between 9 million and 180 million yuan.

Youfa Group: Directors plan to reduce holdings by no more than 3,062,500 shares, accounting for 0.21% of the total share capital.

Xidian New Energy: Changjiang Chendao plans to reduce holdings by no more than 1.54%.

Laimu Co.: Controlling shareholder and actual controller plan to reduce holdings by no more than 3%.

Huiyu Pharmaceutical: Shareholders plan to reduce holdings by no more than 3%.

Zhejiang Medicine: Guotou Gaoke plans to reduce holdings by no more than 1%.

Xinghuan Technology: Linzhi Lichuang plans to reduce holdings by no more than 1%.

Zhaoyan New Drug: Shareholders plan to collectively reduce holdings by no more than 4.1%.

Electronics Institute: Controlling shareholder and actual controller plan to reduce holdings by no more than 1%.

2663: Controlling shareholder plans to reduce holdings by no more than 2%.

Southern Power Grid Energy: Shareholder Green Energy Mixed Reform Fund plans to reduce holdings by no more than 2%.

Ant Group’s tender offer for Yaocai Securities has been approved.

Alibaba has established the Token Hub business group, with the “Wukong Business Unit” first exposed, targeting B2B AI.

Proofread by: Li Lingfeng