Event attention

[National Bureau of Statistics: my country's "demographic dividend" is accelerating its transformation into a "talent dividend"] On February 29, Sheng Laiyun, deputy director of the National Bureau of Statistics, was reviewing the "2023 National Economic and Social Development Statistical Bulletin" stated that the average number of years of education for the working-age population in my country has increased to 11.05 years, and the total number of human resources, scientific and technological human resources, and R & D personnel ranks first in the world, the "demographic dividend" is accelerating the transformation to the "talent dividend. (NBS website)

[Civil Aviation Administration: The main indicators of civil aviation this year are expected to exceed the pre-epidemic level overall] On February 29, the Civil Aviation Administration of China held a press conference. Zhang Qing, director of the Development Planning Department of the Civil Aviation Administration, said that since the beginning of this year, civil aviation transportation production has started well. In 2024, civil aviation industry-wide transport total turnover, passenger traffic, cargo and mail traffic and other major indicators are expected to exceed the pre-epidemic level overall, passenger growth is expected to reach double digits year-on-year, cargo and mail is expected to achieve small growth year-on-year. (surging news)

[local intensive release of list of major projects 19 provinces invested nearly 10 trillion this year] since the beginning of the year, all localities have taken major projects as the starting point to "fight for the economy" and have released list of major projects in advance to promote the construction of projects as soon as possible. Up to now, 21 provinces have issued a list of major projects in 2024 or a major project investment plan for the whole year. Among them, the total investment of 19 provinces in 2024 is nearly 10 trillion. (First Finance)

[Shandong will be exempted from highway tolls for hydrogen energy vehicles from March] recently, the three departments of Shandong provincial transportation department, Shandong provincial development and reform Commission and Shandong provincial science and technology department issued a notice on temporary exemption from highway tolls for hydrogen energy vehicles, exempting highway tolls for hydrogen energy vehicles equipped with ETC package equipment on expressways in the province for two years from March 1, 2024, after the expiration of the implementation of the timely adjustment. At present, the relevant departments are actively implementing the implementation details of the policy document. (love jinan news client)

Company News

[ariyun cut the average price of cloud products by more than 20% across the board] on February 29, ariyun announced a price cut of cloud products across the board, with an average price cut of more than 20% and a maximum drop of 55%. This price reduction involves more than 100 products and more than 500 product specifications, covering all core products such as computing, storage and database. (Aliyun WeChat public number)

[Xiaopeng Auto: Signing Strategic and Technical Cooperation Joint Development Agreement and Joint Procurement Plan with Volkswagen Group] On February 29, Xiaopeng Auto announced at the Hong Kong Stock Exchange that Xiaopeng Auto and Volkswagen Group signed a platform and software strategic and technical cooperation joint development agreement. As an important part of the joint development agreement, Xiaopeng and Volkswagen have also entered into a joint procurement plan for common parts for both models and platforms. Xiaopeng Automobile said that the joint procurement plan aims to work together to reduce platform costs, give full play to the synergy of strategic cooperation, and enhance the product strength of the B- class pure electric models jointly developed by both parties.

[Cook: Apple will invest heavily in generative artificial intelligence] local time on February 28, according to Reuters, Apple CEO Cook said at the shareholders' meeting that he would announce the artificial intelligence plan later this year. Cook said that Apple sees the huge potential of generative artificial intelligence, which is the reason for the large investment in this field, and believes that it will bring revolutionary opportunities to users in terms of productivity and problem solving. (Zhongxin Jingwei)

A-share midday

[GEM index rose 1.79] February 29, the three major indexes opened low after the rapid rise turned red, as of the midday close, the Shanghai index rose 0.73, the Shenzhen Composite Index rose 1.65, the GEM index rose 1.79. More than 4200 stocks in the two cities rose.

[lithography machine concept leads the rise] Lanying Equipment (300293), Guolin Technology (300786), Xinlai Yingcai (300260), Zhangjiang Gaoke (600895), Huaya Intelligence (003043) and other trading stops.

[semiconductor plate strength] Ziguang Guowei (002049), Xinlai Yingcai (300260) trading limit, North Huachuang (002371), Zhongwei Company (688012), Tuojing Technology (688072), etc. followed the rise.

[high stocks go down] Klaus (600579) fell more than 9%, while Asia Optoelectronics (002952), Kelai Electromechanical (603960), Connie Electromechanical (603111) and Shenzhen China A(000017) followed.

(data source flush, securities times, content does not constitute any investment advice)

Economic Observer Network Editor Wang Junyong finishing