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Investors Asked About The Impact Of Rising Oil Prices On The Company's Overseas Markets, The Board Secretary's Response And The Day's Trading Information

If crude oil prices remain high, it will be beneficial to the company's overseas market development. Investors: Recently, international oil prices have maintained high levels against the background of intensified geopolitical conflicts, coupled with the strengthening of domestic energy security strategies, the acceleration of oil and gas reserves and production, and the petrochemical machinery

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  • Supreme People’s Procuratorate Work Report: Achievements In Punishing Cybercrimes And Protecting Citizens’ Information In 2025

    IT House reported on March 9 that today, the fourth session of the 14th National People's Congress held its second plenary session at the Great Hall of the People in Beijing. Ying Yong, Chief Prosecutor of the Supreme People's Procuratorate, delivered a work report of the Supreme People's Procuratorate and reviewed the work in 2025.

    IT House learned from the report that in terms of continuing to promote the governance of the online ecosystem, the Supreme People's Procuratorate punished illegal crimes such as online violence, online rumors, online extortion, and "cyber trolls" in accordance with the law, and prosecuted 182,000 people for crimes committed using the Internet. We punished telecommunications network fraud crimes in accordance with the law and prosecuted 69,000 people.

    To severely crack down on cross-border electronic fraud crimes, the Supreme People's Procuratorate directed that 285 people be prosecuted and severely punished for suspected crimes such as fraud, intentional homicide, intentional injury, etc. in accordance with the law in response to the criminal groups of the Bai, Ming, Wei, and Liu families in northern Myanmar who provided armed protection for electronic fraud and harmed Chinese citizens. The judicial protection of citizens' personal information was strengthened, 6,142 people were prosecuted for related crimes, and 4,456 public interest litigation cases were handled. Lin and others illegally obtained citizens' personal information and set up online groups to carry out "unboxing". The Beijing Procuratorate launched a public prosecution in accordance with the law and resolutely maintained the order of cyberspace.

    The report also mentioned that a former employee of a semiconductor company illegally provided the original company’s trade secrets to overseas institutions, and the Zhejiang Procuratorate launched a public prosecution in accordance with the law. Crimes involving data security infringements in artificial intelligence, e-commerce and other fields were punished in accordance with the law, and 4,739 people were prosecuted. Handled 3,658 intellectual property civil, administrative and public interest litigation cases, deepened special supervision of malicious intellectual property litigation, and promoted the creation of a good innovation environment.

  • Nexperia Launches Small Batch Mass Production Of 12-inch Wafer Bipolar Discrete Devices With Significant Advantages

    IT House reported on March 9 that Nexperia (China) announced today that it has successfully achieved small-volume mass production of 12-inch wafer bipolar discrete devices based on its independently developed "12-inch platform" innovative practices.

    Semiconductor discrete device chip__Semiconductor discrete device

    According to reports, under the current trend of the semiconductor industry continuing to develop towards 12-inch advanced processes and special processes, bipolar discrete devices (IT House Note: such as transistors, diodes, etc.) are the "basic cells" of various electronic systems, and their performance and reliability are crucial. Nexperia (China)'s small batch of 12-inch wafer bipolar discrete devices is not simply a transplant of the original 8-inch product, but a comprehensive optimization and reconstruction of the chip structure, process integration and manufacturing process through independent research and development of the "12-inch platform".

    Compared with the traditional 8-inch process, bipolar discrete devices using 12-inch wafers can produce nearly twice as many chips on a single wafer, significantly improving production efficiency and raw material utilization, and further reducing unit costs.

    At the same time, the technical team of Nexperia (China) successfully achieved mass production of Schottky rectifiers on the "12-inch platform" by optimizing the original process parameters, and successfully passed the AEC-Q101 automotive grade standard certification for application in the automotive field. The device adopts a flat-pin surface mount design, which combines compact appearance with excellent electrical performance. It has low forward voltage drop, low reverse recovery charge, low recovery current and low leakage current characteristics. It is combined with advanced clip bonding technology to ensure high power handling capabilities and reliability. It is an ideal choice for applications such as high-efficiency DC-DC converters, LED lighting, switching mode power supplies, freewheeling circuits, reverse polarity protection and OR-ing.

    In addition, new ESD protection devices based on 12-inch wafer testing have also been successful, providing optimized protection for transmission lines and effectively protecting against electrostatic discharge (ESD), surge current and short circuits. Suitable for mobile phones, portable electronic devices, etc.

  • The Wave Of Production Shutdowns In Oil-producing Countries In The Middle East Has Spread, And Oil Prices Have Fluctuated Sharply. What's Going On?

    Last weekend, the wave of production shutdowns in Middle Eastern oil-producing countries accelerated. The Strait of Hormuz continues to be nearly closed, oil-producing countries are forced to limit production and suspend production, and oil storage space is about to be exhausted. Global energy supply is facing severe pressure. The market is worried about supply risks. International crude oil futures prices exceeded US$100 per barrel at the start of a new week of trading, the first time it has exceeded this round number since mid-2022. At its highest price, it was close to US$120 per barrel. However, the subsequent news that the G7 planned to coordinate the release of oil reserves quickly wiped out half of the gains in oil prices.

    International oil price breaks through 70 U.S. dollars video_International oil price breaks through 60 U.S. dollars

    ups and downs

    Data show that as of 20:00 on the 9th, Beijing time, the price of light crude oil futures for April delivery on the New York Mercantile Exchange rose to a maximum of US$119.48 per barrel, and is currently down to US$100.58 per barrel. The price of London Brent crude oil futures for May delivery rose as high as $119.5 and is now back down to $102.51.

    The Strait of Hormuz came to a virtual standstill, becoming one of the key triggers for the surge in oil prices. Yan Jiantao, chief analyst of Jiecheng Energy, said, "Oil storage facilities in Saudi Arabia, the United Arab Emirates and Kuwait are close to their limits. Due to the closure of the Strait of Hormuz, a large amount of oil cannot be shipped out and there is a serious backlog. About 20% of global oil consumption needs to be exported through the strait, but shipping companies are worried about attacks by Iran, and oil tankers are unwilling to risk passing through this narrow waterway. This means that if crude oil cannot pass through the strait, major oil fields may face production shutdowns."

    According to reports, oil-producing countries such as Iraq, Kuwait and the United Arab Emirates have reduced production due to insufficient oil storage capacity. In addition, Jinlianchuang crude oil analyst Han Zhengji added that Saudi Arabia closed its largest domestic refinery and tried to redirect some crude oil exports to the Red Sea. Qatar also said it had stopped some energy production. "This means that the blockade of the Strait of Hormuz has substantially affected the crude oil production of Middle Eastern countries, and as time goes by, this force majeure production reduction due to peaking inventories may further expand."

    Furthermore, Iraq's oil production has effectively collapsed. According to Reuters, citing sources, due to conflicts in the Middle East, crude oil produced in Iraq cannot be exported through the Strait of Hormuz. Crude oil production in the country's main southern oil fields has dropped by nearly 70% to only 1.3 million barrels per day. Before the situation in the Middle East escalated, the daily output of these oil fields was about 4.3 million barrels. At the same time, Iraq's crude oil exports have also fallen sharply, averaging about 800,000 barrels per day, compared with 3.334 million barrels per day from Iraq's southern oil fields in February.

    Iraq is OPEC's second largest oil producer, and more than 70% of the crude oil it produces is exported. Due to the obstruction of shipping in the Strait of Hormuz, ships are unable to reach the terminal in southern Iraq, and local crude oil reserves have reached their maximum capacity. As of the evening of the 8th local time, only two oil tankers had been able to complete the loading operations, and because no new oil tankers had arrived, the oil loading operations at the terminal had been suspended. As a result, Iraq was forced to significantly reduce production, and the remaining output will be given priority to its domestic refineries.

    market chain reaction

    After the international oil price exceeded 100 US dollars, the market quickly felt the shock. During the Asian trading session on March 9, risk aversion quickly swept global markets. The Asia-Pacific stock market benchmark index once fell by more than 5%, the largest intraday drop since April last year. The Korean stock market once fell by more than 8%, and the Japanese stock market fell by more than 7%. U.S. and European stock index futures also continued to fall.

    In addition to the impact on the capital market, the rise in international oil prices will also have a divergent effect on the economies of various countries. Yan Jiantao told a reporter from Beijing Business Daily that a 10% increase in oil prices will cause the global economy to show an obvious "ice and fire": Canada and Latin America will become the only beneficiaries with their energy export advantages, and GDP will see a slight growth. For most regions, rising oil prices will be an economic contraction.

    The Financial Times reported that the surge in international oil prices has put the Trump administration under tremendous pressure. As of March 8, the average price of gasoline in the United States increased by nearly 50 cents per gallon compared with a week ago, and the upward momentum has not subsided. The latest data from the American Automobile Association (AAA) shows that the retail price of gasoline in the United States reached $3.45 per gallon last Sunday, an increase of 16% from the previous week.

    Analysts say that as WTI oil prices rise, U.S. retail gasoline prices may rise to $4 per gallon. This alone will increase the overall CPI by about 0.3-0.5 percentage points year-on-year. When factors such as diesel, air tickets, food prices, petrochemicals and plastics, utility costs, etc. are also included, the Federal Reserve and other global central banks will face serious challenges.

    Yan Jiantao pointed out that Central and Eastern Europe have suffered the heaviest blow due to their highest energy dependence, with GDP expected to shrink by 0.39%. The extent of damage in India and the Eurozone is also significantly higher than the global average. In contrast, China and the United States have demonstrated strong resilience by virtue of their stronger economic size, energy self-sufficiency or policy buffers, and their GDP declines have been controlled within 0.1%.

    JPMorgan Chase pointed out that every 10% increase in oil prices is expected to increase the U.S. core inflation indicator that the Fed is most concerned about by 0.1 percentage points, while U.S. gross domestic product growth will decrease by 0.2 percentage points.

    Coordinated release of reserves

    Regarding the next trend of oil prices, Jin Ye, the fund manager of the Galaxy Value Growth Hybrid Fund, said that the current period is a period of high oil prices. If the conflict in the Middle East does not end, the possibility of oil prices maintaining high fluctuations or continuing to rise cannot be ruled out. Even if the conflict in the Middle East eases in the future, the low after the oil price decline may be higher than the bottom of $60/barrel in early 2026 due to the destruction of facilities and the time it will take to restore transportation.

    Other analysts pointed out that as oil storage facilities gradually fill up, more oil-producing countries will be forced to reduce production. And if supply disruptions continue, pressure on governments to use strategic reserves will continue to increase. Even if the Strait of Hormuz is reopened, it will still take weeks for the market to rebalance due to the cycle of oil transportation, and it will also take time for the relevant supply chains to return to normal.

    Xinhua News Agency quoted the Financial Times as reporting that the G7 would hold an emergency meeting later that day to discuss the possibility of jointly releasing oil reserves under the coordination of the International Energy Agency to deal with the soaring oil prices caused by the escalation of tensions in the Middle East. At the same time, Japan's Ministry of Economy, Trade and Industry said it has asked domestic oil reserve bases to prepare for the release of reserves.

    The report quoted sources as saying that officials from G7 member states and International Energy Agency Director Fatih Birol will hold a conference call to discuss the impact of the situation in the Middle East. Some U.S. officials have suggested jointly releasing 300 million to 400 million barrels of oil, accounting for about 25% to 30% of the 1.2 billion barrels of oil reserves.

    Just three days ago, Birol expressed a completely different stance on this during an interview. He said at the time that oil supplies on the global market were still sufficient. Asked whether the International Energy Agency was considering tapping its emergency oil reserves, Birol said "all options are on the table" but that there were no plans to do so at this stage. He said that we do not have an oil shortage problem, but the current problem is a temporary disruption at the logistics level.

  • Dynisco Pressure Transmitters TPT4636 And PT4624 Series SIL2 Level

    At the two sessions in 2026, Jin Dong’s speech instantly ignited the Internet craze.

    People's livelihood issues such as medical care and employment were flooding in, but his comment on the short drama instantly overshadowed all the focus. No one thought that this elite professional on the screen would actually hide his trump card for 33 years - far more shocking than any other character. For him, being an actor is just a part-time job that combines his passion. The real value lies in the concepts and actions he adheres to.

    As soon as the two sessions in 2026 kicked off, media reporters surrounded Jin Dong and couldn't get through. This is not simply because he is an actor, but as a member of the National Committee of the Chinese People's Political Consultative Conference, every statement he makes goes straight to the core of the issue. When asked what he thought of the short play, Jin Dong spoke calmly, but his words were sonorous and powerful. He admitted that he had never seen short plays and did not think short plays could represent cultural exports overseas. At present, the short drama market is booming, with nearly 700 million domestic users, and Hengdian is even nicknamed a vertical store. Many artists have turned to short dramas to make quick profits with strong plots and fast pace.

    Jin Dong's outspoken remarks have attracted criticism from many people who make money from short plays, saying that he is ruining their jobs. However, netizens stood up and praised him for finally seeing the cultural depth that the actor deserves. The controversy has not yet subsided, and reporters asked about the chaos of AI face-changing. Jin Dong frowned, his expression showing obvious anxiety. He admitted that this problem has been around for a long time. AI not only impacts the film and television industry, but also brings real fraud risks.

    By 2026, AI face-changing and onomatopoeia technologies will be widely available without any barriers, and a mobile phone will be able to synthesize audio and video that is difficult to distinguish between real and fake. Many artists have encountered infringement, and cases of fake Jin Dong defrauding middle-aged and elderly fans are common. Artists such as Wen Zhengrong and Zhang Kaili have also encountered similar troubles. Jin Dong saw with his own eyes that ordinary people lost their money due to these scams, and his heart was heavy. Unlike most propaganda that only emphasizes staying away from scams, he made more practical suggestions:

    Don’t just be afraid, you have to understand it first. He said that he is also learning AI and actively embracing new technologies. Only by understanding the technology can we distinguish authenticity and keep property safe. This suggestion quickly became popular on the Internet, with netizens praising it: Someone should have hit the nail on the head like this. This is not the first time Jin Dong has spoken out for AI face-changing. During the two sessions last year, he called for strengthening the control of AI technology and network platforms, promoting legislative constraints, and making the law a strict curse on AI.

    As early as early March, at the opening of the Fourth Session of the 14th National People's Congress, Jin Dong's speech on new popular literature and art was on the hot search list. He called on young people, especially minors, not to be allowed to remain addicted to games and short videos. His speeches caused controversy time and time again, but Jin Dong never cared. He just expressed truthfully what he saw, heard, and researched.

    Jin Dong is 50 years old this year. He was born in Jining, Shandong Province. He entered the entertainment industry at the age of 17. When he first entered the industry, he could only play small roles and quietly hone his acting skills. No one was optimistic about it, and no one knew that during those seemingly unknown years, he had quietly planned his main battlefield. Until he was around 40 years old, his role as Ming Lou in "The Pretender" made him famous overnight, and his role as He Han in "The First Half of My Life" made him a well-known national actor, popular all over the country.

    The characters he portrays are always calm and upright, and he is dubbed by the audience as the spokesman for veteran cadres. After he became popular, people around him kept urging him to seize the opportunity to accept endorsements and appear on programs, so as to quickly monetize his traffic. But Jin Dong never wavered. He only filmed one or two movies a year and almost disappeared from the public eye the rest of the time. Few people know that in those years that seemed to disappear, he actually devoted himself to the causes that he truly cared about.

    For him, acting has never been a tool for making a living, but a side job that combines his passion. He is not keen on hype, nor does he rely on variety shows to make quick money. He even decisively rejects the trend of live streaming to sell goods. This lack of gregariousness is not because he is pretending to be aloof, but because he no longer needs to prove himself as an actor. The calmness in front of the screen comes from the multiple confidences held in the hands behind the back.

    Some netizens have seen Jin Dong in "Xinwen Lianbo". He has a neat suit and glasses on the bridge of his nose. He is elegant and calm. In the camera, he carefully read through the meeting materials, looking solemn and full of aura. This is not a cameo, but a real record of him attending an important meeting in an official capacity. Today, Jin Dong is no longer a simple actor, but a member of the National Committee of the Chinese People's Political Consultative Conference. He has been selected into the cultural and artistic circles since 2023 and has the right to participate in industry policy discussions.

    As a member of the CPPCC, he never fulfills his duties in name only. In order to find out the truth, he visited 20 cities across the country, investigated 36 notary institutions, and finally compiled a detailed report of more than 100,000 words. His proposal to build a national will library met social needs and was highly recognized by the representatives of the Supreme People's Court. He is concerned about AI technology infringement and the standardized development of the film and television industry, and the proposal he submitted to resist the chaos of traffic supremacy has also received widespread attention. In 2024, Jin Dong was appointed as the leader of the China Coal Mine Art Troupe, a proper department-level cadre.

    This position is by no means an honorary title, but carries the mission of inheriting literary and artistic classics and serving the grassroots people. After taking office, he personally planned a number of grassroots condolences performances, promoted the creation of the musical "The Pretender", and led the in-depth rural tour of the drama "The Taste of Warmth". He also brought classic dramas to more than 200 colleges and universities, allowing young people to have close contact with stage plays for the first time, making literature and art no longer limited to urban theaters, but truly reaching the grassroots.

    In addition, Jin Dong is also a member of the Central Committee of the Democratic League and deputy chairman of the Beijing Municipal Committee of the Democratic League. This status allows his influence to transcend the entertainment industry and extend to a wider field. At the age of 49, he gained a new identity and was selected as a candidate for the 2025 Sannong Figure. In the past, most of the candidates were grassroots village cadres, agricultural science and technology experts or new farmers returning to their hometowns. However, Jin Dong was selected as a first-line artist, which is a breakthrough in itself. The elites in suits and ties on the screen took root in the Loess Plateau and worked for rural revitalization.

    Jin Dong took the lead in establishing a rural literary and art talent incubation platform and invited senior artists in the group to provide free training for rural literary and art enthusiasts. Building bridges with art is the core competitiveness of his selection. The final list of winners of the 2025 Sannong Figures has not yet been announced, but for Jin Dong, whether he wins or not is no longer important, the recognition itself is precious enough.

    In addition to being a well-known literary and artistic worker to the public, Jin Dong also has plans in the business field, but always maintains a low profile and pragmatism. His investments cover a variety of industries including information technology, hospitality and catering. In the entire entertainment industry, there are not many artists who take into account performance careers, institutional positions, and business investments at the same time. What is even more rare is that they can always keep a low profile.

    Jin Dong did it not through hype, but through hard work step by step. In the entertainment industry dominated by traffic, having many fans and high popularity means the right to speak. However, he jumped out of this circle and focused his energy on serving the masses and promoting the development of the industry. This kind of dedication that is rooted in reality is more weighty than any commercial endorsements and variety show resources.

    His existence has also made many artists begin to rethink: what is the true value of an artist. Artists who only know how to hype, lack professionalism, and avoid responsibilities will eventually be eliminated by the market. Only by focusing on polishing your works and assuming social responsibility can you remain popular for a long time.

    Jin Dong has used 33 years of low-keyness and persistence to become a breath of fresh air in the entertainment industry. When the traffic bubble dissipates, those who can really stand firm are those who are both capable and responsible like him. Jin Dong like this deserves to be seen, but I don't know how many people in the mainland entertainment industry can keep up with him.

  • Investors Asked About The Impact Of Rising Oil Prices On The Company's Overseas Markets, The Board Secretary's Response And The Day's Trading Information

    Investors: Will rising oil prices be good for the company’s overseas market opportunities?

    Secretary: Thank you for your attention. If crude oil prices remain high, it will be beneficial to the company's overseas market development.

    Investors: Faced with the international oil price exceeding US$80/barrel and the uncertainty in the supply chain caused by the geopolitical situation in the Middle East, as the core oil and gas equipment supplier of Sinopec, has the company recently obtained new order breakthroughs in terms of domestic substitution of oil and gas equipment and overseas market expansion? In particular, how will the company's technology patent reserves in high-end equipment fields such as diamond drill bits and fracturing equipment benefit from the high level of capital expenditures for the "three barrels of oil" and the continued advancement of the domestic policy of "increasing reserves and production"?

    Secretary: Thank you for your attention. The company's overseas market expansion is progressing in an orderly manner in accordance with the overall strategic plan. The rise in crude oil prices will drive upstream oil companies and oil service companies to increase capital expenditures, which will have a positive impact on the company's product sales.

    Investors: Recently, international oil prices have been operating at a high level against the background of intensified geopolitical conflicts. Coupled with the strengthening of domestic energy security strategies, the acceleration of oil and gas reserves and production, and petrochemical machinery, are oilfield equipment companies like this expected to fully benefit from a new round of oil and gas capital expenditure upward cycle, thereby driving order growth, performance release, and forming mid- to long-term positive support for stock prices?

    Secretary: Thank you for your attention. As a comprehensive energy equipment research and development company, if the upstream capital expenditure increases, it will have a positive impact on the company's product sales.

    Focus of the day

    Transaction information summary fund flow

    On March 9, the net outflow of main funds was 31.0242 million yuan; the net inflow of hot money was 20.2597 million yuan; the net inflow of retail funds was 10.7645 million yuan.

    The above content is compiled by Securities Star based on public information and generated by an AI algorithm (Network Information No. 310104345710301240019) and does not constitute investment advice.

  • Jing Shang Guangqi (Xiamen) Culture Technology Co., Ltd. Was Established With A Registered Capital Of 2 Million

    Tianyancha shows that Jing Shang Guangqi (Xiamen) Culture Technology Co., Ltd. was recently established. The legal representative is Pei Xiaocong, with a registered capital of 2 million yuan. It is wholly owned by Zigong Haitian Culture Co., Ltd.

    No. Name of shareholder Shareholding ratio 1 Zigong Haitian Culture Co., Ltd. 100%

    The business scope includes technical services, technology development, technical consultation, technology exchange, technology transfer, and technology promotion; wholesale of arts and crafts and collectibles (except ivory and its products); organization of cultural and art exchange activities; sales of arts and crafts and ceremonial items (except ivory and its products); manufacturing of arts and crafts and ceremonial items (except ivory and its products); conference and exhibition services (exhibitions abroad must be approved by relevant departments); graphic design; tourism development project planning consultation; tourist attraction management ; Marketing planning; Literary and artistic creation; Commercial complex management services; Consulting and planning services; Information consulting services (excluding licensing information consulting services); Lighting equipment sales; Park management services; Leasing services (excluding licensing leasing services); Digital creative product exhibition and display services; Engineering and technical services (except planning management, survey, design, and supervision); Parking lot services; Landscaping project construction; Information technology consulting services; Digital content production services (excluding publishing and distribution). (Except for projects that require approval according to law, business activities can be carried out independently with a business license and in accordance with the law).

    Company name Jing Shang Guangqi (Xiamen) Culture Technology Co., Ltd. Legal representative Pei Xiaocong Registered capital 2 million yuan National standard Industry leasing and business services > Business services > Comprehensive management services Address Unit 1284, Area C, third floor, No. 60, Lianjing Road, Siming District, Xiamen City Type of company Limited liability company (a sole proprietorship of a natural person investing or controlling) Business period 2026-3-9 to no fixed period

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