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)Analysis: the potential weakness of Canada's manufacturing industry still exists. Forexlive: Canada's manufacturing industry rebounded strongly, mainly driven by petroleum products and automobiles. However, the year-on-year data decline shows that some potential weakness still exists.Market News: Turkish anti-monopoly agency fined Google $75 million for advertising technology investigation.
Putin signed a decree to extend the measures to counter the western oil price limit against Russia again. On December 13th, local time, according to the documents published on the Russian legal information portal, Russian President Vladimir Putin has signed an order to extend the special economic measures formulated because western countries impose price limits on Russian oil and petroleum products until June 30th, 2025. Since the law came into effect on February 1, 2023, the validity of the measures has been extended several times. The decree stipulates that if the contract directly or indirectly stipulates the price ceiling set by other countries, it is forbidden to export Russian petroleum and petroleum products according to the contract, and the signed ban applies to all supply stages before delivery to buyers. (CCTV News)Guoyuan Securities: A special dividend plan was drawn up and announced by Guoyuan Securities. On December 13, 2024, the company held the 20th meeting of the 10th Board of Directors and the 11th meeting of the 10th Board of Supervisors, at which the Proposal on Special Dividend Plan was reviewed and approved. As of September 30, 2024, the accumulated undistributed profit of the company was 7.743 billion yuan, and the accumulated distributable profit of the parent company was 5.262 billion yuan. In order to enhance the investor's sense of gain and improve the investor's return level, the company has drawn up a special dividend plan: based on the existing total share capital of 4.364 billion shares, a cash dividend of 0.60 yuan will be distributed to all shareholders for every 10 shares, and a total cash dividend of 262 million yuan will be distributed. No bonus shares will be distributed, and capital will not be increased from the provident fund.Market News: US Secretary of State Blinken met with Iraqi Prime Minister in Baghdad to discuss the Syrian issue.
On December 13th, Jiangsu Securities Regulatory Bureau issued an announcement that Yan Zhen had privately accepted the entrustment of customers to buy and sell securities during his tenure in the securities business department of Xuzhou Jianguo West Road of CITIC Securities (formerly known as the securities business department of Xuzhou Jiefang South Road of CITIC Securities). In violation of regulations, she was supervised to issue a warning letter and recorded it in the integrity file of the securities and futures market.Market News: The United Arab Emirates will restrict oil transportation in the case of OPEC+promoting compliance with quotas.Israel pressured the Palestinian National Authority to search for militants. The Palestinian National Authority admitted on the 12th that Palestinian security forces killed a 19-year-old civilian man during an operation in the West Bank city of Jenin earlier this week. Palestinian Islamic Resistance Movement (Hamas) accused the Palestinian National Authority of searching for "resistance fighters" and said that Palestine should avoid internal conflicts. According to Israeli media reports, the Israeli side pressured the Palestinian National Authority to intensify the search, and threatened that if the Palestinian security forces could not do it, the Israeli army would do it. (Xinhua News Agency)