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In the first three quarters, China's total cargo transportation was 41.63 billion tons, up 2.3% year-on-year. The China Federation of Logistics and Purchasing released the China Road Freight Development Report (2023-2024) today (13th). According to the report, due to the adjustment of transportation structure, although the proportion of road transportation in China has declined, it is still the main body of the freight market, and road freight has maintained steady growth. According to the report, in the first three quarters of this year, China's total cargo transportation was 41.63 billion tons, up 2.3% year-on-year. From the perspective of freight structure, the proportion of freight undertaken by railway and waterway transportation has increased, while the proportion of road transportation has decreased. In the first three quarters, the volume of road freight transport was 30.66 billion tons, up 3.1% year-on-year, accounting for more than 73%. Road transport is still the main body of the freight market. (CCTV News)Huang Hongfei, former CFO of McDonald's China, joined the company? Bawang Chaji: No response. Recently, it was reported in the market that Huang Hongfei, the former CFO of McDonald's China, recently left his post and joined Bawang Chaji after a short break. In response to this news, Bawang Chaji said that he would not respond. According to public information, Huang Hongfei joined McDonald's around 1995 and played an important role in the financial and strategic planning of McDonald's China. He was one of the key figures who witnessed the development of McDonald's China. (SSE)Fu Bao Information: The spot price of lithium carbonate is temporarily stable. Today, the battery-grade lithium carbonate in Fu Bao reported 75,750 yuan/ton. According to the data released by Fu Bao Lithium Power Network, the spot basis index of electric carbon is -660 yuan/ton (flat); Battery-grade lithium carbonate reported 75,500 yuan/ton (-250 yuan/ton); Industrial grade lithium carbonate (comprehensive) reported 73,500 yuan/ton (flat); The average price of battery-grade lithium carbonate is 75,750 yuan/ton (-100 yuan/ton); Lithium hydroxide index reported 70,677 yuan/ton (flat); Spodumene (SC5% in Africa) reported 535 USD/ton (flat); Spodumene (China CIF6%) reported $810/ton (flat); The spodumene index (5%≤Li2O<6%) was reported as 5750 yuan/ton (flat); The lepidolite index (2%≤Li2O<4%) was reported at 2150 yuan/ton (flat); Bauxite (7%≤Li2O<8%) is reported at 8540 yuan/ton (flat); Lithium-rich aluminum electrolyte index reported 2135 yuan/ton (flat); Fu Bao brine (lithium sulfate) discount coefficient reported 76% (flat).

Azure lithium battery: Robot/dog is the application field of lithium battery that the company pays close attention to. At present, only a few shipments are used in this field. Robot/dog is the application field of lithium battery that the company pays close attention to. At present, only a few shipments are used in this field, accounting for a small proportion. At present, power tools, cleaning appliances and electric motorcycles are the main applications.China Securities Association: Let the margin financing and securities lending business truly become a powerful tool to serve the people's wealth growth and promote the healthy development of the capital market. On December 6, 2024, China Securities Association held a plenary meeting of the professional committee on margin financing and securities lending business in Chongqing. The meeting emphasized that industry organizations should give full play to the functional role of margin financing and securities lending business, strictly implement relevant regulatory requirements, optimize business processes, improve institutional systems, provide quality services to customers, always bear in mind the people-oriented principle, and put the protection of investors' legitimate rights and interests at the core, so that margin financing and securities lending business can truly become a powerful tool to serve the wealth growth of the people and promote the healthy development of the capital market. The meeting summarized the key work of the Committee in 2024 and discussed the work plan for the next stage. In the next step, the Committee will further play a professional and "handle affairs, discuss and communicate" platform role to jointly promote the high-quality development of margin trading and securities lending business.BOC International: Reiterating that China Telecom is the first choice for the "buy" rating of Chinese telecom stocks, BOC International published a research report that the contribution of cloud services to revenue and profit continues to promote the growth of Chinese telecom operators, and cloud and artificial intelligence services are becoming the only sustainable driving force for Chinese telecom operators' revenue and EBITDA. China Telecom and China Unicom have recorded steady growth in profit margin of EBITDA in two quarters this year. With the development of state-owned enterprises and local governments, the bank expects to support the development of end-to-end proprietary cloud infrastructure services for telecom operators for a long time to improve security and regulatory requirements, and at the same time, Chinese telecom stocks can provide attractive valuation and dividend returns to support their long-term performance. Therefore, it reiterates its "buy" rating for Chinese telecom stocks, with China Telecom as the first choice, followed by China Unicom and China Mobile.

Ping An, China: From January to November, the accumulated property insurance premium income was 292.3 billion yuan.Four departments: By 2027, the digital transformation of specialized and innovative small and medium-sized enterprises should be completely reformed. The Ministry of Industry and Information Technology, the Ministry of Finance, the People's Bank of China and the General Administration of Financial Supervision issued the Special Action Plan for Digital Empowerment of Small and Medium-sized Enterprises (2025-2027). According to the notice, by 2027, the "100-city" pilot project for the digital transformation of small and medium-sized enterprises has achieved solid results, and the digital transformation of specialized and special small and medium-sized enterprises should be completely reformed, forming a number of transformation benchmarks with a digital level of three or four; The digital level of the pilot provincial-level specialized and innovative small and medium-sized enterprises has reached the second level and above, and the numerical control rate of key processes of industrial small and medium-sized enterprises in the country has reached 75%; The cloud access rate of small and medium-sized enterprises exceeds 40%. Initially build a digital transformation ecology of small and medium-sized enterprises, which is coordinated by the Ministry and the province, the integration of large and medium-sized enterprises, the adaptation of supply and demand in key scenes, and the strong public service guarantee, and empower small and medium-sized enterprises to specialize in special new development.A picture to understand the 2024 Central Economic Work Conference. (Xinhua News Agency)