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People Finance News March 17 – WTI crude oil futures gains expand to 5%, trading at $97.12 per barrel.

Both Kaiyuan Securities and Ping An Securities believe that the liquor industry is currently at a bottom configuration opportunity and is expected to see a recovery in the short term. Despite facing the impact of the macro environment and consumption policies, with market sentiment toward liquor being pessimistic, leading brand demand has been supported. Going forward, it is worth paying attention to the investment potential of premium, sub-premium, and regional liquor brands.

People Finance News on March 17 reported that the Qichacha APP shows that recently, Miaokelanduohas undergone industrial and commercial changes, with founder Chai Xu stepping down as legal representative, and Kuai Yulong taking over. According to Qichacha information, the company was established in November 1988 with a registered capital of approximately 510 million yuan. Its business scope includes food operation, internet food sales, and internet live streaming services, and is jointly held by Inner Mongolia Mengniu Dairy (Group) Co., Ltd., Chai Xu, and others.

Suda Group announced that its actual controller, Li Xiyuan, was placed under detention on March 13, 2026, involving a case filing and detention notice from the Discipline Inspection Commission. Other management personnel are performing their duties normally, the company's production and operations have not been affected, and no investigation documents have been received yet.

People Finance News, March 17 — On March 17, Limin Co., Ltd. released a product price adjustment notice stating that recently, due to force majeure, prices of petrochemical industry chain products, corn starch, and various other raw materials have skyrocketed, causing the company's production costs to rise significantly. The company has decided, effective immediately, to increase the product selling prices of mancozeb technical material and related formulations by 10%—15%; increase the product selling prices of avermectin series technical materials and related formulations by 5%—10%; and increase the product selling prices of other technical materials and related formulations with larger cost increases by 5%—15%.

People Finance News March 16 – On March 16, Leapmotor released its 2025 financial report showing: In 2025, Leapmotor delivered 596,555 new vehicles, achieving sales doubling for two consecutive years and ranking first among China's new energy vehicle brands; achieved net profit of 540 million yuan, realizing full-year profitability for the first time, becoming the second new energy vehicle manufacturer in China to achieve annual profitability; achieved revenue of 64.73 billion yuan, an increase of 101.3% compared to the same period in 2024; gross margin reached 14.5%, a new annual high.

Guangxun Technology will showcase the world's first 3.2T silicon photonic single-mode NPO module at the 2026 Optical Fiber Communication Expo, becoming the first manufacturer to complete system verification, marking a milestone toward large-scale commercialization of the technology.

Moorel Thread and China Mobile Research Institute, among others, released the "OISA High-Density Super Node Reference Design Technical Specification," offering full-stack solutions for intelligent computing centers to address issues related to interconnection, power supply, and heat dissipation, optimize computing power output, and promote the development of autonomous and controllable high-performance clusters.

China Finance News March 17 Report: A-share indices weakened. As of press time, the Shanghai Composite Index fell 0.38%, the Shenzhen Component Index fell 1.05%, and the ChiNext Index fell 1.37%.

People Finance News March 17 – Qichacha APP shows that Hangzhou Zhifu Qianxing Technology Co., Ltd. was recently established with Zhang Peng as the legal representative. Its business scope includes artificial intelligence foundational software development; artificial intelligence application software development; big data services; electronic product sales; technology intermediary services, and others. Qichacha's equity penetration analysis reveals that the company is jointly held by Zhipu's wholly-owned subsidiary Beijing Zhipu Future Technology Co., Ltd. and Tianjin Turing Vision Technology Partnership Enterprise (Limited Partnership).

People Finance News, March 18 — The A-share index strengthened, with the ChiNext Index rising over 2%, the Shanghai Composite Index up 0.23%, and the Shenzhen Component Index up 1.02%. Computing power leasing, CPO concept, and storage chip sectors led in gains.

People Finance News, March 17 — Recently, Nantunhui, chairman of Zhengtai Group, and Liu Mingsheng, party secretary and chairman of State Power Investment Corporation Group, held talks at the headquarters of State Power Investment Corporation to exchange views on further deepening strategic cooperation. Both parties stated that in the future, they will further deepen pragmatic cooperation in the fields of energy consumption-side industrial development, new energy project development and construction, scientific and technological innovation, and international business expansion, achieving mutual assistance and win-win results.

People Finance News, March 17 – A-share indices weakened. As of press time, the Shanghai Composite Index fell 0.19%, the Shenzhen Component Index fell 0.78%, and the ChiNext Index fell 1.09%. The CPO, petroleum, lab-grown diamond, and lithography machine sectors led declines.

People Finance News, March 17 — According to the Qichacha APP, recently, Guotai Haitong Jisteel Intelligent Manufacturing (Jinan) Industrial Investment Partnership (Limited Partnership) was established with a registered capital of 500 million yuan. Its business scope includes engaging in investment activities with self-owned funds; conducting equity investment, investment management, and asset management activities through private equity funds. Equity penetration analysis by Qichacha shows that the partnership is jointly held by Haitong Kaiyuan Investment Co., Ltd. under Guotai Haitong and Jisteel Private Equity Fund Management (Tianjin) Co., Ltd. under Jisteel Group Co., Ltd.

People Finance News, March 17th: The chemical fiber sector rose strongly, with Zhongfu Shenying up over 16%, Shuangxin Materials hitting the daily limit earlier, and Jilin Chemical Fiber, Huilong New Materials, Tianfu Long, and Haiyang Technology among the top gainers.

People Finance News March 17th: Gold concept stocks strengthened in afternoon trading, with Zhaojin Gold and Chifeng Gold rising over 3%, while Shandong Gold, Xiaochen Technology, and Shengda Resources among other leading gainers.

The AI wave is driving a surge in computational power demand, elevating the value of servers, AI chips, and related industries. Singularity Technology-U hit the daily limit down due to shareholder reduction. NVIDIA launched the Vera Rubin platform, emphasizing the importance of computational infrastructure. The domestic computing power industry is seizing strategic opportunities, with related companies experiencing rapid earnings growth and attracting investor attention.

On March 17, the A-share market experienced a brief rebound led by the large financial sector but pulled back at midday. Insurance and brokerage stocks performed strongly, with Yaokai Securities surging over 80% due to Ant Group's tender offer. Analysts point out that HALO assets attract attention due to low substitution risk, and the market is expected to rotate between AI expansion and traditional industry performance in the future.