On October 16, Cangzhou Mingzhu announced that the company's controlling shareholder...Dongsu Groupand its persons acting in concert plan to transfer 167 million shares of the company they hold (accounting for 10.00% of the company's total share capital on the agreement signing date) toGuangzhou Light IndustryAt the same time, the voting rights corresponding to the remaining 160 million shares (accounting for 9.58% of the company's total share capital on the date of the agreement) will be entrusted to Guangzhou Light Industry. If the transfer is completed,Guangzhou Light IndustryWill become the controlling shareholder of the company.Guangzhou State-owned Assets Supervision and Administration CommissionWill become the actual controller of the company. Review: Cangzhou Mingzhu's introduction of Guangzhou State-owned Assets as the controlling shareholder is a typical example of a "state-owned capital takeover" change in control. This move not only can bring funding and resource support to the company but also is expected to leverage the state-owned background to enhance its credibility and market position in the new energy materials field. For the original controlling shareholders, this is a way to "cede control while retaining some benefits" as an exit strategy. In the future, how the new actual controller empowers the company...Cangzhou MingzhuThe business development will be the focus of market attention.

Tianyancha AppRecently, ChengduOriental Yuhong Building Materials Co., Ltd.Established with a registered capital of 5 million yuan, the business scope includes the manufacturing and sales of building waterproof membrane products, paint sales, and building block manufacturing, etc. Shareholder information indicates that the company is owned byDongfang Yuhong100% ownership.

On September 29, Hainan Conch New Materials (000619) announced that the company plans to acquire a 51% stake in North China Industrial Plastics Co., Ltd. (referred to as "North China Plastics") for a transaction price of 95.268 million yuan. After the completion of this acquisition, the company will hold a 51% stake in North China Plastics, which will become a controlling subsidiary of the company and be included in the company’s consolidated financial statements. North China Plastics mainly produces and operates a series of products, including high molecular low noise rollers and modified ultra-high molecular weight polyethylene pipes and fittings. The company and North China Plastics are both in the plastic products industry, have a high degree of industrial relevance, and are likely to achieve industrial integration and collaborative development.

On September 26, according to CCTV News, on September 25 local time, U.S. President Trump announced on his social media platform "Truth Social" that starting from October 1, the United States will implement a new round of high tariffs on various imported products. The measures include a 50% tariff on kitchen cabinets, bathroom sinks, and related building materials, a 30% tariff on imported furniture, and a 100% tariff on patented and branded drugs.

Indonesia and the European Union officially signed the "Indonesia-European Union Comprehensive Economic Partnership Agreement" in Bali, Indonesia, on September 23. The Indonesian Coordinating Ministry for Economic Affairs stated in a declaration that the agreement covers trade liberalization in areas such as goods, services, and investment. In terms of goods trade, both parties have committed to eliminating over 98% of tariff lines and 99% of the total tariff on imports. It is expected that Indonesia's main export products, such as palm oil, coffee, textiles, footwear, and furniture, will benefit from this, and new opportunities are anticipated for high-tech products and digital trade. The statement said that the Indonesian government's goal is to achieve a 60% increase in exports to the EU through the implementation of the agreement, boosting national income by $2.8 billion. According to Indonesian official statistics, the bilateral trade volume between Indonesia and the EU will reach $30.1 billion in 2024.

According to reports from the news agency, on August 28, an investor approached...Dongfang YuhongWhat aspects can companies support in the construction and renovation of urban underground pipeline networks and the construction of underground comprehensive pipe corridors? For this,Oriental YuhongOn September 19, the company responded on the investor interaction platform that it covers a diversified range of business sectors including construction waterproofing, civil building materials, mortar powder, architectural coatings, energy-saving insulation, adhesives, pipe industry, building renovation, new energy, non-woven fabrics, specialty films, and emulsions. Its products and services are widely used in various fields such as residential construction, high-speed railways, subways and urban railways, highways and urban bridges, airports and water conservancy facilities, comprehensive utility tunnels, affordable housing, renovation of old houses, improvement of urban villages, and urban renewal. In the field of underground space engineering construction, the HDPE polymer self-adhesive waterproof membrane developed by the company has participated in the construction of Beijing Line 15.Nanchang Honggu Tunnel, JiangxiKey projects such as the Beijing International Horticultural Exposition park's peripheral underground comprehensive pipe gallery, the comprehensive pipe gallery along the Beijing Daxing International Airport Expressway, the Liupanshui underground comprehensive pipe gallery, and the Beijing Chaoyang Station building project of the Beijing-Harbin High-Speed Railway have been widely applied in underground space engineering fields such as subways, public (rail) tunnels, comprehensive pipe galleries, and underground buildings. Additionally, in response to the leakage challenges of underground comprehensive pipe galleries, the company launched the upgraded YH-101 oil-based polyurethane grouting material in 2023. This grouting material can quickly foam and expand upon contact with water, effectively filling structural cracks and maintaining stable sealing performance in harsh environments with prolonged water immersion and alternating wet-dry cycles, achieving efficient remediation of complex leakage scenarios. It has been successfully applied in numerous engineering maintenance projects nationwide. In addition, the company's holding subsidiary...China Technology Construction Engineering Co., Ltd.Focus on the industry pain points and key problems in the subdivision of underground engineering, innovating precise combination solutions for detection, monitoring, systematic treatment of structural diseases, and stratum improvement and reinforcement, to provide assurance for urban underground engineering construction.

The "2025 Xianyu Trendy Toys Consumption Insight Report" was released on September 9. According to the report, trendy toy transactions will see explosive growth in 2025, with both order volume and transaction value in the second quarter increasing by over 300%. The domestic trendy toy market is accelerating its differentiation, and new IPs are entering a golden period of growth. LABUBU has topped the sales chart for two consecutive years, while five major IPs including Xingxingren, Rayan, and WAKUKU have entered the top 20 for the first time. Currently, the domestic trendy toy market is dominated by original Chinese IPs, with only four overseas IPs making it into the top 20 in sales in the first half of the year. In the first half of 2025, orders for soft vinyl and plush trendy toys on the Xianyu platform surged to 240 times that of the same period in 2024, with LABUBU, DIMOO, and SKULLPANDA among the most sought-after IPs.

Starting from August 26, Swiss Post will suspend the acceptance of postal items destined for the United States, except for express mail (including official documents and certificates) and express courier items. Swiss Post stated that, as the United States will suspend the duty-free treatment for imported parcels valued at $800 or less starting from August 29, all goods shipped to the United States must be transported with duties already paid. Swiss Post made this decision after close consultation with the relevant national authorities.

On August 25 local time, U.S. President Donald Trump publicly released a letter to Federal Reserve Governor Lisa Cook on his social media platform "Truth Social," announcing her immediate dismissal. The letter cites Article II of the U.S. Constitution and relevant provisions of the Federal Reserve Act enacted in 1913, with Trump stating that there is sufficient reason to remove Cook from his position. The letter mentions a criminal referral submitted by the Federal Housing Finance Agency on August 15, alleging that Cook is suspected of making false statements in mortgage documents.

According to the China Trade Remedy Information Network, on August 25, 2025, the United States International Trade Commission (ITC) voted to initiate a Section 337 investigation (Investigation No. 337-TA-1459) concerning certain child car seats.

On August 20th local time, the Federal Reserve released the minutes of the Federal Open Market Committee (FOMC) meeting held from July 29th to 30th. The minutes indicated that the Federal Reserve agreed to maintain the target range for the federal funds rate at 4.25%-4.5%. During the monetary policy discussion at this meeting, members unanimously agreed that, despite fluctuations in net exports affecting the data, recent indicators suggested that economic activity growth in the first half of the year had slowed. The inflation rate remains slightly high, and uncertainty about the economic outlook remains elevated. To support the Committee's objectives, almost all members agreed to maintain the target range for the federal funds rate at 4.25% to 4.5%. Vice Chair for Supervision Michelle Bowman and Governor Christopher Waller, both overseen by the Federal Reserve, voted against the decision to keep the benchmark interest rate unchanged and instead supported lowering the rate by 25 basis points to prevent further weakening of the labor market.

On August 15, Oriental Yuhong responded on the investor interaction platform, stating that as a building materials system service provider, the company currently covers a diverse range of business segments, including building waterproofing, civil building materials, mortar and powder materials, architectural coatings, energy-saving insulation, adhesives, piping, building renovation, new energy, non-woven fabrics, specialty films, emulsions, and more. With a rich variety of products, the company’s offerings have been widely applied in numerous fields such as housing construction, high-speed railways, subways and urban rail transit, expressways and urban bridges, airports and water conservancy facilities, integrated utility tunnels, affordable housing, industrial and mining warehousing logistics, old building renovation, urban village renovation, and urban renewal, among others. The company will closely monitor national policies and relevant project developments, and actively seize market opportunities arising from the construction and renovation of rural roads.

On August 15, Shuanglin Shares responded on the investor interaction platform, stating that in the field of humanoid robot business, the company has successfully developed products such as planetary roller screws for humanoid robots, ball screws for dexterous hands, and joint modules. Samples have been sent to several customers and are currently in the verification stage. Sample shipments will generate some revenue and receipts. Up to now, the above products have not obtained formal designation, and the sample income accounts for a low proportion of the main business income, contributing little to the company's performance. Investors are advised to pay attention to investment risks. The company will closely monitor and promote the progress of humanoid robot-related screw projects, actively pay attention to the development dynamics of the humanoid robot industry, make related technical preparations, and continuously enhance core competitiveness. For detailed information, please refer to the information disclosed by the company.

On August 15, Chaoge Co., Ltd. responded on the investor interaction platform that the company's commercial aerospace business is progressing smoothly, with orders related to the aerospace business increasing year-on-year. The company is currently producing products according to orders and delivering them to customers. Delivered products include shell sections, fairings, and other rocket body structural components.

Trump’s “reciprocal tariffs” on countries around the world officially took effect at 12:01 a.m. Eastern Time on August 7, 2025 (corresponding to 12:01 p.m. Beijing Time on August 7, 2025). U.S. President Trump signed an executive order to impose reciprocal tariffs ranging from 10% to 41% on goods from global trade partners. This policy officially came into effect at 12:01 AM (Eastern Time) on August 7.

Langdi Group responded on the investor interaction platform that the company has independently developed a joint module, which integrates a permanent magnet synchronous motor, a reducer, and intelligent control technology. This module adopts a modular architecture design and supports multiple industrial bus communication protocols, making it suitable for mainstream application scenarios such as collaborative robots and humanoid robots. Currently, the relevant prototypes have completed validation testing and are still in the early development stage, with conditions for mass production not yet mature.

Inovance Technology stated on the investor interaction platform on August 6 that the company is actively developing components related to humanoid robots, including motors, drives, actuator modules, and upper limb arms. This year, the main progress has been the transition from preliminary research to productization, and during the process, the company has actively communicated and cooperated with complete machine companies and integrators.

According to CCTV News, on July 30 local time, the White House issued a statement saying that U.S. President Trump signed an executive order suspending the minimum duty-free treatment for low-value goods. It is declared that from August 29 onwards, items sent by means other than the international postal networkImported goods valued at or below $800 that originally qualified for the minimum de minimis exemption will be subject to all applicable duties.For goods transported through the international postal system, parcels will be subject to customs duties levied either ad valorem or specific tax.

In the second quarter of 2025, Mattel's net sales decreased by 6% year-over-year, achieving revenue of $1.02 billion. The continued weakness in the North American market dragged down overall performance, with sales in that region declining by 16%, although a 7% growth in the international market partially offset this impact. Despite the decline in sales, Mattel's gross margin improved by 170 basis points to 50.9%, benefiting from cost reductions, optimized inventory management, and an improved product mix. The adjusted gross margin rose to 51.2%.

The latest draft of the "E-Commerce Law" released by the Vietnamese Ministry of Industry and Trade requires all foreign e-commerce platforms operating in Vietnam (including those using the .vn domain, providing a Vietnamese language interface, or with an annual transaction volume exceeding 100,000 transactions) to designate a local legal representative or establish a legal entity. This measure will hold the representative accountable for the platform’s violations. Additionally, the Vietnam Customs recently announced that starting from August 1, it will implement Circular No. 29/2025/TT-BTC, initiating an automated VAT collection process for imported courier goods valued below 1 million VND.