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Premier
 
*Premier Li Qiang presided over a State Council executive meeting on February 24th, which made arrangements to promptly carry out government work following the Spring Festival holiday, further unleash the consumption potential of the senior citizen demographic, the silver economy, and create a number of new scenarios and formats for silver consumer spending.
 
Industrial Economy
 
*Meta and AMD reached an AI equipment procurement agreement, which will see the deployment of 6 gigawatts of AMD GPUs. AMD has agreed to sell Meta AI chips valued at up to $60 billion. Additionally, AMD will issue performance-based warrants to Meta Platforms, allowing for the subscription of up to 160 million shares of AMD common stock.
 
*Elon Musk envisions electromagnetically launching AI satellites from the moon to facilitate the deployment of a satellite network dedicated to AI data centers.
 
*During the 9-day Spring Festival holiday, there were 596 million domestic tourist trips nationwide, an increase of 95 million compared to the 8-day Spring Festival holiday in 2025. Total domestic tourism spending reached 803.483 billion yuan, an increase of 126.481 billion yuan from 2025. Both the number of holiday visitors and the amount of spending hit record highs.
 
Co Focus
 
*Enlight Media (300251 CH): The cumulative box office revenue for the film Pegasus 3 has reached approximately 2.926 billion yuan, which exceeds 50% of the company’s audited consolidated operating revenue from its most recent fiscal year, the operating revenue derived from this film is estimated to be in the range of 43 to 53 million yuan.
 
Feb 24 Block Trade Info
 
*Discount
 
– Hoshine Silicon (603260 CH) saw 54 block trades worth 228.68mn at 44.14yuan per share, 8.00pct discount from last closing.
 
– Jianghai Capacitor (002484 CH) saw 36 block trades worth 222.21mn at 28.10yuan per share, 7.08pct discount from last
closing.
 
*Premium
 
– Crystal-Optech (002273 CH) saw 2 block trades worth 149.15mn at 27.62yuan per share, 4.19pct premium from last closing.
 

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