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Orient securities gave Yuekang Pharmaceutical Group Co., Ltd. an initial buy rating.On December 10th, Anson America announced that it had reached an agreement with Qorvo to acquire its silicon carbide junction field effect transistor (SiC JFET) technology business and its subsidiary United Silicon Carbide for $115 million in cash. The transaction needs to meet the usual closing conditions and is expected to be completed in the first quarter of 2025.Lu Zhe, chief economist of soochow securities: It is predicted that the drag of real estate on the economy will be greatly weakened in 2025. At the 2025 Dongwu Strategy Meeting held on the 10th, Lu Zhe, chief economist of soochow securities, said that the leverage ratio of Chinese government departments, especially the central government, is not high, which has sufficient policy space and full confidence in China's economy next year. The driving force of economic growth will come from three aspects. First, the growth rate of consumption will pick up. The "trade-in" policy has boosted consumption this year and is expected to play a greater role next year; Second, real estate has stopped falling and stabilized. Since the introduction of the "package policy" in October, various real estate indicators have shown signs of stopping falling. It is expected that it will continue to stabilize next year, and the drag of real estate on the economy will be greatly reduced; Third, the policy of "10 trillion yuan in five years" will stimulate the vitality of local governments, open up the blocking point of fiscal policy transmission, and support China's economy to be stable and far-reaching.

China Mobile cooperated with Huawei to complete the first commercial deployment of 5G EasyMacro high-precision positioning for subway tunnels in China. On December 10th, according to Huawei's official news in China, in response to the requirements for positioning capability of communication industry in China's 14th Five-Year Plan, China Mobile Design Institute and Shanghai Mobile Company cooperated with Huawei to successfully realize the first commercial deployment of 5G EasyMacro (EM) high-precision positioning solution in Shanghai subway tunnel. As an important network capability in vertical industry, the successful deployment of 5G high-precision positioning in subway tunnel scene marks a major breakthrough in 5G private network positioning technology.Putian Technology: The total bid amount of the wholly-owned subsidiary Far East Communication is 687 million yuan. Putian Technology announced that the wholly-owned subsidiary Far East Communication participated in the procurement project of communication system in the first phase of Shijiazhuang urban rail transit line 4 and the procurement project of communication system equipment in the first phase of line 5. On December 6, 2024, Hebei Provincial Public Resource Trading Center issued a public announcement of the successful bidders, and Far East Communication was the first successful candidate. The amount of the first target of the project is 501 million yuan, and the amount of the second target of the project is 186 million yuan. The publicity period has ended, but Far East Communication has not yet obtained the Notice of Winning Bid and signed a formal contract, so there is some uncertainty.Ukraine National Natural Gas Transportation Company: On December 11th, the nominated amount of Russian natural gas at Sudzha border crossing was 42.39 million cubic meters, while on December 10th, it was 42.34 million cubic meters.

Ukraine National Natural Gas Transportation Company: On December 11th, the nominated amount of Russian natural gas at Sudzha border crossing was 42.39 million cubic meters, while on December 10th, it was 42.34 million cubic meters.Quanzhu shares: Quanzhu Industrial, a wholly-owned subsidiary, applies for bankruptcy liquidation, Quanzhu shares are announced, and Quanzhu Industrial applies for bankruptcy liquidation, which is conducive to further optimizing the company's resource allocation and reducing business risks. As the industrial business of Quanzhu has basically stopped, the bankruptcy liquidation event will not have a significant impact on the main business of the Company. Quanzhu Industry will no longer be included in the scope of the Company's consolidated financial statements. After Quanzhu Industry is published, the Company is expected to obtain non-recurring income of about RMB 6 million.China Mobile cooperated with Huawei to complete the first commercial deployment of 5G EasyMacro high-precision positioning for subway tunnels in China. On December 10th, according to Huawei's official news in China, in response to the requirements for positioning capability of communication industry in China's 14th Five-Year Plan, China Mobile Design Institute and Shanghai Mobile Company cooperated with Huawei to successfully realize the first commercial deployment of 5G EasyMacro (EM) high-precision positioning solution in Shanghai subway tunnel. As an important network capability in vertical industry, the successful deployment of 5G high-precision positioning in subway tunnel scene marks a major breakthrough in 5G private network positioning technology.