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South Korea's South Gyeonggi Police Department was detained and searched. The South Korean police responsible for investigating the martial law storm said on the 13th that it was detaining and searching the South Gyeonggi Police Department. According to Yonhap News Agency and other media reports, the special investigation team of the National Investigation Headquarters under the South Korean Police Department sent investigators to the South Gyeonggi Police Department on the same day to detain and search the director's office and obtain computer and business information. The report said that after the martial law was announced on the evening of the 3rd, the southern police department of Gyeonggi deployed police to the building of the Central Election Management Committee in Guochuan City, Gyeonggi Province and the election training institute in Suwon City, Gyeonggi Province.New Beiyang (Thailand) Company opened. According to the news of New Beiyang, on December 12th, the launching ceremony of New Beiyang (Thailand) Company was held in chonburi province, Thailand. This was the first factory established by New Beiyang overseas, which marked another major breakthrough in the company's internationalization strategy and laid a solid foundation for the company's future internationalization development. The park leased by New Beiyang (Thailand) Company covers an area of more than 5,500 square meters in the first phase. At present, the special printing and scanning product line built in the factory has been successfully put into production and is ready to start mass delivery. In the future, the company will continue to expand the production and delivery of some smart equipment products in Thai factories.Huatai Securities: The countercyclical adjustment is stronger than expected, and the expansion of domestic demand may fall on the policy of boosting consumption. Huatai Securities believes that the macro-policy orientation conveyed by the Central Economic Work Conference is more positive, in fiscal policy (expanding deficit, increasing special national debt, expanding the use scope of special debt, etc.), monetary policy (moderately easing, timely lowering the RRR and cutting interest rates), real estate and capital market (stabilizing the property market and stock market), and expanding domestic demand policy (implementing special actions to boost consumption) In terms of currency securities, Huatai Securities believes that there is still room for interest rate cuts. On the one hand, the current real interest rate level is still high in horizontal comparison; On the other hand, credit expansion, especially the balance sheet expansion of developers and local governments, is relatively weak, and the cost of capital has room for further decline. It is expected that the central bank will cut interest rates by 30-50 basis points next year, but the pace may be affected by external changes and exchange rates.

New Beiyang (Thailand) Company opened. According to the news of New Beiyang, on December 12th, the launching ceremony of New Beiyang (Thailand) Company was held in chonburi province, Thailand. This was the first factory established by New Beiyang overseas, which marked another major breakthrough in the company's internationalization strategy and laid a solid foundation for the company's future internationalization development. The park leased by New Beiyang (Thailand) Company covers an area of more than 5,500 square meters in the first phase. At present, the special printing and scanning product line built in the factory has been successfully put into production and is ready to start mass delivery. In the future, the company will continue to expand the production and delivery of some smart equipment products in Thai factories.South Korea's South Gyeonggi Police Department was detained and searched. The South Korean police responsible for investigating the martial law storm said on the 13th that it was detaining and searching the South Gyeonggi Police Department. According to Yonhap News Agency and other media reports, the special investigation team of the National Investigation Headquarters under the South Korean Police Department sent investigators to the South Gyeonggi Police Department on the same day to detain and search the director's office and obtain computer and business information. The report said that after the martial law was announced on the evening of the 3rd, the southern police department of Gyeonggi deployed police to the building of the Central Election Management Committee in Guochuan City, Gyeonggi Province and the election training institute in Suwon City, Gyeonggi Province.Morgan Stanley Xing Ziqiang: China can fully withstand the improvement of the central financial deficit ratio. On December 13th, Xing Ziqiang, chief economist of Morgan Stanley China, said at the "Caijing Annual Meeting 2025: Forecast and Strategy" and the 2024 Global Wealth Management Forum that the Central Economic Work Conference broke the previous mindset of fiscal prudence. It is predicted that the budget of deficit ratio will reach a higher level next year, and may even exceed the level of 2020 (above 3.6%). With China's relatively strong national balance sheet, it can fully withstand the relatively high deficit ratio of the central government. Most other countries in the world have abandoned the so-called deficit ratio constraint of around 3% after facing the downturn of the real estate market and other factors.

Pinduoduo's concept oscillates higher, which is worth buying up by over 10%, and Pinduoduo's concept oscillates higher, which is worth buying up by over 10%. If Yuchen has a daily limit, Yuanlong Yatu, Xuan Ya International, rebate technology, online and offline will follow suit.Zhongkong Technology won the bid for the whole plant control system project of Rong Sheng New Materials and held a kick-off meeting. Recently, Zhongkong Technology successfully won the bid for the whole plant control system framework project of Jintang New Materials Project of Rong Sheng New Materials (Zhoushan) Co., Ltd. (hereinafter referred to as "Jintang New Materials Project") and held a kick-off meeting in Zhongkong Science Park. The project is expected to deploy 360,000-point I/O DCS system, 15,000-point SIS system and 10,000-point GDS system. At the same time, a number of new products and technologies that occupy the forefront of the industry, such as UCS products of central control technology, SmartEIO, million-point real-time database and calorific value analysis, will also be applied on a large scale in this project, helping Jintang new materials to build a world-leading intelligent factory.Guosheng Financial Holdings hit the daily limit in the afternoon and staged the "Earth Sky Board". The turnover exceeded 3.5 billion yuan, and the stock price approached an all-time high.