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On December 13th, Shaanxi Supervision Bureau of the State Financial Supervision and Administration issued an administrative penalty message showing that Baoji Central Branch of Ancheng Property Insurance Co., Ltd. was fined 60,000 yuan for giving benefits other than the insurance contract. The salesman of Baoji Central Branch of Ancheng Property Insurance Co., Ltd. was warned and fined 10,000 yuan.As a result of providing loans with private fund property, Haisi Quanzong's private placement and responsible person were supervised to issue a warning letter. On December 13th, Qingdao Securities Regulatory Bureau issued a notice saying that after investigation, Qingdao Haisi Quanzong Private Fund Management Co., Ltd. (hereinafter referred to as "Haisi Quanzong Private Placement") provided loans with private fund property, which violated the regulations. Song Xiuhong was then the legal representative and chairman of Haisi Quanzong Private Equity, and Liu Jialiang is now the legal representative and chairman of Haisi Quanzong Private Equity. Since the establishment of Haisi Quanzong Private Equity, Wang Zhaohui has been the general manager. During his tenure, he failed to fulfill his duties and strictly abide by laws and regulations, and was responsible for the above acts. Qingdao Securities Regulatory Bureau took administrative supervision measures to issue warning letters to Haisi Quanzong Private Equity, Song Xiuhong, Liu Jialiang and Wang Chaohui.The EUR/USD of the euro against the US dollar rose by 0.50% in the day and is now reported at 1.0518.

Gong Zheng, Mayor of Shanghai, investigates Shanghai Electric Group: If the growth point of emerging industries is identified, he will increase investment and cultivate growth. Gong Zheng, Deputy Secretary of Shanghai Municipal Committee and Mayor, pointed out in the investigation of Shanghai Electric Group today (13th) that Shanghai Electric bears the great mission of innovation and development of high-end equipment industry, and should further focus on its main business, make efforts to "strengthen the foundation and revitalize the new", make the energy level bigger and stretch the long board longer. Consolidating the foundation is to focus on consolidating the basic disk of high-end equipment manufacturing, enhance the initiative of transformation in advantageous areas, increase the intensity of transformation, and expand domestic and foreign markets. Promoting innovation is to focus on cultivating the growth point of emerging industries, increase investment when it is clear, cultivate and grow as soon as conditions are ripe, take the lead in seizing the commanding heights, and strive to break new paths and advance in promoting new industrialization and cultivating new quality productivity. (The Paper)Joint Statement by the Foreign Ministers of People's Republic of China (PRC) and the Arab Republic of Egypt (full text) and Joint Statement by the Foreign Ministers of People's Republic of China (PRC) and the Arab Republic of Egypt 1. On December 13, 2024, Commissioner the Political Bureau of the Communist Party of China (CPC) Central Committee and Foreign Minister Wang Yi held a strategic dialogue with Egyptian Minister of Foreign Affairs and Immigration Abdul Atti. 2. The two sides exchanged in-depth and comprehensive views on China-Egypt relations and international and regional issues of common concern, and jointly reviewed the development achievements made by the two countries since the establishment of diplomatic relations, especially since the establishment of a comprehensive strategic partnership 10 years ago. 3. The two sides stressed the need to implement the important consensus reached by the two heads of state at their two meetings in 2024, take the "China-Egypt Year of Partnership" as a new starting point, and push bilateral relations to a higher goal of building a community of destiny between China and Egypt facing the new era. The two sides appreciated the many diplomatic, economic, trade, investment, cultural and tourism activities held by the two countries this year to promote and develop bilateral relations in various fields. (Xinhua News Agency)Huitai Medical: Using raised funds and self-owned funds to increase capital of 700 million yuan to wholly-owned subsidiaries. Huitai Medical announced that the company held the 20th meeting of the second board of directors and the 17th meeting of the second board of supervisors on December 12, 2024, and reviewed and approved the Proposal on Using raised funds and self-owned funds to increase capital to wholly-owned subsidiaries. The company agreed to increase its capital by 700 million yuan to Shanghai Hongtong Industrial Co., Ltd., a wholly-owned subsidiary, of which 438 million yuan of interest-bearing loans provided to Shanghai Hongtong with raised funds were converted into capital increase, and 262 million yuan was increased with its own funds. After the capital increase is completed, the registered capital of Shanghai Hongtong will increase from RMB 18,489,300 to RMB 26,548,200, and it will remain a wholly-owned subsidiary of the company.

Huabei Pharmaceutical Co., Ltd.: Four kinds of drugs under the company are planned to be selected for national centralized drug procurement. Huabei Pharmaceutical announced that the company and its subsidiary Xiantai Company participated in the tenth batch of national centralized drug procurement, and all four varieties are planned to be selected, including penicillin sodium for injection, piperacillin sodium for injection, ampicillin sodium for injection and sulbactam sodium for injection. The price of the drug to be selected this time has decreased compared with the original sales price. In 2023, the sales income of penicillin sodium for injection was 129 million yuan, accounting for 1.28% of the annual operating income. If the bid is confirmed and the purchase and sale contract is signed, the company will fully guarantee the supply according to the demand of the selected area, and promote the increment of related products in the selected area and the development of the off-standard market.Sources: Russia has suspended grain exports to Syria. Russian and Syrian sources said on Friday that Russia's wheat supply to Syria has been suspended due to the uncertainty of the new Syrian government and the delay in payment.There is an urgent need for compound talents in the sustainable financial industry, so Gao Jin launched the sustainable financial curriculum system. On December 12th, at the "2024 China Sustainable Investment Development Forum", Shanghai Institute of Advanced Finance of Shanghai Jiaotong University first launched the sustainable financial curriculum system, becoming the first domestic university to build a special talent training system for the sustainable financial industry. Wang Tan, Vice President Gao Jin, Professor of Finance and Director of the Academic Committee of the Research Center for Sustainable Investment, said that the existing curriculum system of universities at home and abroad has many problems, such as low number, low matching degree and insufficient core courses. The sustainable financial industry is in urgent need of compound talents with relevant background of sustainable development and financial knowledge. According to Wang Tan, the current curriculum system of high-quality sustainable finance is still a basic version, and it will be continuously adjusted, optimized and improved according to industry trends and market demand in the future, so as to cultivate talents who are in short supply and meet market demand better. The Research Report on China Carbon Market System was released on the same day. The report makes an in-depth study on the future development of China's carbon market system and puts forward forward forward forward-looking suggestions. For example, the current national carbon market is still in the early stage of development, and it is suggested that the future national carbon market should focus on system design, basic capacity building, and the degree of marketization in line with the international carbon market. (The Paper)