Industrial Economy
*MARA and nine other government departments jointly issued the “Implementation Plan for Promoting Agricultural Product Consumption”, outlining nine key measures to effectively expand the consumption of agricultural products and enhance the quality and efficiency of online sales.
*Premier Li Qiang presided over the State Council executive meeting to deploy measures for the gradual implementation of free preschool education, as part of efforts to expand access to affordable early childhood education nationwide.
*Tesla showcased its latest innovations at the World Artificial Intelligence Conference, including intelligent electric vehicles, humanoid robots, smart assisted-driving technologies and V4 superchargers, with plans to further deploy its smart assisted-driving system in China within the year.
*Shanghai released the “Modu Speedwise Autonomous Driving Initiative Action Plan” for its high-level autonomous driving pilot zone, with the overarching goal of basically establishing a globally leading high-level autonomous driving hub by 2027 and forming an internationally competitive intelligent connected vehicle (ICV) industrial cluster.
*Unitree Robot officially launched its third-generation humanoid robot “Unitree R1 Smart Companion”, priced starting at cny 39,900, designed for developer customization, the ultra-lightweight robot (approx. 25kg) integrates multimodal large models for voice and image processing.
Data
*The National Bureau of Statistics: Jan-Jun China’s industrial enterprises above designated size achieved total profits of cny 3.436tn, down 1.8% y/y, in June alone, industrial profits fell by 4.3% y/y.
Financial
*CSRC released the revised Guidelines for Corporate Governance of Listed Companies for public consultation, proposing stricter restrictions on competition in the same industry that may materially harm listed companies and further refining deliberation responsibilities and decision-making requirements for related-party transactions.
July 25 Block Trade Info
*Discount
-Eastroc Beverage (605499 CH) saw 3 block trades worth 132.24mn at 262.12yuan per share, 12.61pct discount from last closing.
-SAIC Motor (600104 CH) saw 2 block trades worth 121.24mn at 17.32yuan per share, 0.86pct discount from last closing.
-Jingyeda Tech (003005 CH) saw 21 block trade worth 91.66mn at 19.81yuan per share, 15.45pct discount from last closing.
*Premium
-Yanhu Industry (000792 CH) saw 1 block trade worth 1.00bn at 18.94yuan per share, 0.74pct premium from last closing.

