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The data of VAT invoice shows that the development momentum of "two new products" is good, and the effect of replacing old products with new ones is steadily promoted. The data of VAT invoice shows that in November, the amount of machinery and equipment purchased by enterprises nationwide increased by 4.5% year-on-year. Cumulatively, from January to November, it increased by 6.1% year-on-year, which was 4.2 percentage points faster than the overall purchase amount of enterprises nationwide. Especially in key areas, the effect is obvious, for example, the equipment procurement of industrial enterprises has grown steadily. From January to November, the amount of machinery and equipment purchased by industrial enterprises increased by 5.1% year on year. Among them, the amount of machinery and equipment purchased by manufacturing, electric hot gas and water production and supply industries increased by 5.2% and 5.5% respectively year-on-year, which was higher than the overall growth rate of industrial procurement equipment. For another example, the equipment in business, information and technology industries is updated rapidly. From January to November, the amount of machinery and equipment purchased by modern service industries such as leasing business services, information technology services and scientific research and technology services increased by 10.4%, 16.6% and 19.6% respectively year-on-year, which were significantly higher than the overall growth rate of equipment purchased by enterprises nationwide, reflecting the accelerated development of industries related to new quality productivity. According to the data of VAT invoice, from January to November, the retail sales revenue of household audio-visual equipment such as televisions and household appliances such as refrigerators increased by 15.9% and 18.7% year-on-year, respectively, which was 11.4 and 14.2 percentage points higher than the overall growth rate of retail industry, especially driven by the "Double Eleven" promotion, which increased by 28.8% and 74.4% year-on-year in November. On the other hand, the overall sales of furniture products are improving. According to the data of VAT invoice, from January to November, the sales revenue of furniture retail industry and sanitary ware retail industry increased by 16.8% and 12.5% respectively, which was 12.3 and 8 percentage points higher than the overall growth rate of retail industry, and it showed a rapid growth trend in November, increasing by 36% and 18.8% respectively. (State Taxation Administration of The People's Republic of China)Chinese Online: The upper limit of the repurchase price is adjusted to no more than 44.78 yuan/share. According to the announcement in Chinese Online, the company held the 11th meeting of the fifth board of directors on December 9, reviewed and passed the Proposal on Changing the Share Repurchase Scheme of the Company, and agreed to adjust the upper limit of the repurchase price of this repurchase scheme from no more than 26 yuan to no more than 44.78 yuan/share. Except for the change of the price ceiling, other contents of the share repurchase plan remain unchanged.The front page of the China Securities Journal: Focus on synergy and cohesion to boost confidence in the stock market. The article said that the the Political Bureau of the Communist Party of China (CPC) Central Committee meeting held on December 9 proposed to "stabilize the property market and the stock market". Market participants believe that the key to stabilizing the stock market is to enhance the internal stability of the market, enhance the investment value of listed companies, crack down on securities crimes, strengthen investor protection, and effectively boost investor confidence. This is a systematic project, involving many aspects, which needs to be exerted in the same direction and form a joint force. The emphasis on coordination, grasping the key, will help to better cohesion and create good conditions for the healthy development of the capital market.

Porsche: Dynamically adjust the dealer network scale to 100 in 2026. According to the news, Porsche plans to adjust the dealer network, phase out and optimize the network in the next two years, and it is expected to retain about 100 dealers by the end of 2026. On December 10th, Porsche China responded to the reporter that Porsche has been continuously evaluating the dealer network layout. (Shell Finance)Market news: South Korean minister asked the opposition party not to impeach officials to prevent a government vacuum.Canadian Prime Minister Trudeau: If Trump imposes a 25% tariff, Canada will take countermeasures. Canadian Prime Minister Trudeau said on Monday that if US President-elect Trump imposes a 25% tariff on goods imported from Canada, Ottawa will also take tariff measures to fight back. Trudeau said at an event organized by the Chamber of Commerce in Halifax, Nova Scotia: "Of course, we will respond to unfair tariffs in many ways as we did eight years ago, and we are still studying the appropriate response." The Canadian leader said that there are signs that Americans are "beginning to realize that imposing tariffs on all goods imported from Canada will make the cost of living for Americans much higher".

UN Special Envoy for Syria: Israel must stop bombing Syria. On the 10th local time, Pei Kairu, UN Secretary-General's Special Envoy for Syria, said in Geneva that the conflict in northeast Syria is still going on and Israel should stop its military operations and bombing in Syria. The League for the Liberation of Syria is the main organization that controls Damascus, but it is not the only armed organization. At present, different armed groups in Syria are coordinating, and it is important not to let them clash. Pei Kairu reiterated the commitment of the United Nations to help build a new Syria, and stressed the need for comprehensive and credible transitional arrangements in Damascus. If broader group representation cannot be ensured, further conflicts may occur.Guizhou Gas: Cheng Yuedong was elected as the chairman of the board of directors. Guizhou Gas (600903) announced on the evening of December 10th that the company held the 22nd meeting of the third board of directors, and elected Director Cheng Yuedong as the chairman (legal representative) of the third board of directors of the company and no longer served as the general manager of the company. Nominated by the chairman of the company, Wang Ruoyu was agreed to be appointed as the general manager of the company and no longer served as the deputy general manager of the company.A spokesman for the Ministry of Foreign Affairs of Qatar: (Asked about the communication with the Sharm Liberation Organization) Our door is open to all parties concerned in Syria.