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[Zhang Yuzhuo, Director of the State-owned Assets Supervision and Administration Commission of the State Council: We will continue to make good use of EVA assessments and guide enterprises to strengthen the principle of "calculate first, then invest"] On September 17, Zhang Yuzhuo, Director of the State-owned Assets Supervision and Administration Commission of the State Council, said at a press conference on the theme of "High-quality Completion of the 14th Five-Year Plan" held by the State Council Information Office that since 2010, the State-owned Assets Supervision and Administration Commission of the State Council has begun to explore the actual EVA (economic value added) assessment. Over the past decade, the economic value added created by central enterprises has increased from more than 380 billion yuan to 1.2 trillion yuan each year. We will continue to make good use of EVA assessments and guide enterprises to strengthen the principle of "calculate first, then invest"

[China Shipbuilding Industry Association: It is estimated that my country's shipbuilding completion volume in 2025 will be around 51 million deadweight tons] At the press conference of China International Maritime Exhibition held today, Tan Naifen, deputy secretary-general of China Shipbuilding Industry Association, said that the growth of the global economy and shipping industry faces great challenges, but the green development trend of the global shipping industry is irreversible and will play an important supporting role in the new shipbuilding market. It is estimated that my country's shipbuilding completion volume in 2025 will be around 51 million deadweight tons, the number of new orders will be slightly lower than that of the previous year, and the number of orders on hand will remain above 230 million deadweight tons. In 2024, my country's shipbuilding completion volume will be 48.18 million deadweight tons, and the number of orders on hand will be 209 million deadweight tons.

[SASAC: Central SOEs have achieved a series of encouraging scientific and technological achievements, which can be described as "standing tall and standing firm"] Zhang Yuzhuo, Director of the State-owned Assets Supervision and Administration Commission of the State Council, stated at a series of press conferences on the theme of "High-quality Completion of the 14th Five-Year Plan" held by the State Council Information Office that since the 14th Five-Year Plan, central SOEs have achieved a series of encouraging scientific and technological achievements, which can be described as "standing tall and standing firm." "Standing tall" means serving national strategic needs, creating a number of major national equipment such as the second phase of the "Deep Sea No. 1" and completing a number of major projects such as the Shenzhen-Zhongshan Channel. These "heavyweight" achievements are probably familiar to everyone. In the selection of the National Technological Invention Awards and the National Science and Technology Progress Awards held last year, central SOEs won a total of 109 awards, accounting for more than half of the total number of similar awards nationwide. "Standing firm" means filling a number of industrial technology gaps and achieving breakthroughs in fields such as integrated circuits, industrial mother machines, industrial software, and basic materials. These underlying technologies are not often promoted by us and may not be well known to everyone, but they are closely related to our lives and have effectively promoted the safe development of related industries.

Citigroup: Expects Strong National Day Golden Week Travel Demand, Maintains "Buy" Ratings on Ctrip and Tongcheng. Citigroup published a research report citing new documents released by the Ministry of Commerce and other government departments, highlighting efforts to attract more inbound tourists and optimize student holiday arrangements. The latter proposed exploring the implementation of spring and autumn breaks for primary and secondary schools, as well as shortening winter and summer vacations. If implemented, these policies could significantly increase long-distance family travel. Furthermore, this year's National Day Golden Week holiday spans eight days, one day longer than last year. The bank anticipates strong travel demand during this period, with long-haul and outbound travel particularly benefiting. The China Railway Corporation predicts that 219 million passengers will travel during the 12-day rail period, an average of 18.25 million per day. This compares to 177 million passengers and 17.7 million per day during the same period last year, which lasted 10 days. Citigroup maintains its "Buy" ratings on Ctrip and Tongcheng, with target prices of US$85 and HK$28, respectively.

Zhang Yuzhuo, director of the State-owned Assets Supervision and Administration Commission of the State Council, stated: "Currently, the overall progress of the reform of central SOEs and state-owned enterprises is in line with expectations, and we are confident that the set tasks will be completed by the end of this year." (Xinhua Finance)

[4.75 million investors have opened trading rights on the Science and Technology Innovation Board Growth Tier] Shanghai Stock Exchange Vice Chairman Huo Ruirong made his first public statement after taking office. At the 2025 China Capital Market Development Forum, Huo Ruirong said that since the release of the "1+6" reform policy of the Science and Technology Innovation Board in June this year, all supporting system rules have been released and implemented. The 32 existing unprofitable companies have been included in the Science and Technology Innovation Board Growth Tier on the day the rules were released. The technical system transformation is being accelerated and will be launched as scheduled. Currently, 4.75 million investors have opened trading rights on the Science and Technology Innovation Board Growth Tier.