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International Air Transport Association (IATA): The second Trump administration may reverse some actions of Biden administration, which I think is positive.International Air Transport Association (IATA): The global aviation industry will achieve a profit of $36.6 billion in 2025, up from $31.5 billion in 2024.Jin Chengxin: It is planned to buy 51% equity of Terra Mining Pty Ltd in Australia for A $1. Jin Chengxin announced that the company plans to buy 51% equity of Terra Mining Pty Ltd in Australia for A $1. Terra Mining is mainly engaged in open-pit mine drilling, blasting, loading, transportation, crushing and mining design and development. If this transaction is successfully completed, Terra Mining will become a holding subsidiary of the company. This transaction does not constitute a major asset restructuring and is not a related party transaction. The transaction has fulfilled the company's internal decision-making procedures and does not need to be submitted to the board of directors or shareholders' meeting for consideration. The transaction still needs to be approved or filed by the government department or its authorized relevant department.

An explosion in a fuel depot in Italy caused 2 deaths and 9 injuries. It is reported that on the 9th local time, an explosion occurred in a fuel depot in Karenzano, Florence, central Italy, killing 2 people, leaving 3 missing and 9 injured.Jin Chengxin: It is planned to buy 51% equity of Terra Mining Pty Ltd in Australia for A $1. Jin Chengxin announced that the company plans to buy 51% equity of Terra Mining Pty Ltd in Australia for A $1. Terra Mining is mainly engaged in open-pit mine drilling, blasting, loading, transportation, crushing and mining design and development. If this transaction is successfully completed, Terra Mining will become a holding subsidiary of the company. This transaction does not constitute a major asset restructuring and is not a related party transaction. The transaction has fulfilled the company's internal decision-making procedures and does not need to be submitted to the board of directors or shareholders' meeting for consideration. The transaction still needs to be approved or filed by the government department or its authorized relevant department.Uni-President's sales in November exceeded NT$ 28.37 billion, up 5.6% year-on-year.

Peking University joined hands with Byte to launch the digitization project of Confucianism and Tibetan Studies. Recently, the launching ceremony of the digitization project of Confucianism and Tibetan Studies in Peking University was held in peking university education foundation, which was jointly organized by the Compilation and Research Center of Confucianism and Tibetan Studies in Peking University, Beijing ByteDance Public Welfare Foundation and peking university education foundation. Beijing ByteDance Public Welfare Foundation donated RMB 25 million to peking university education foundation to support the compilation and research of Confucian Classics in Peking University, and to support the digitization project of Confucian Classics through the intelligent collation platform of "ancient books with knowledge". Subsequent related achievements will also be published in ancient books with knowledge and open to the public. The relevant person in charge of the Compilation and Research Center of Confucianism and Zang in Peking University said that the deep combination of ancient Chinese civilization and cutting-edge artificial intelligence technology is a major feature of the whole Confucianism and Zang project, which will not only greatly promote the compilation and dissemination of Confucianism and Zang, but also enrich and enhance the knowledge reserve and understanding questions and answers of intelligent tools on Confucianism and promote the application of Chinese civilization agents. (The country is a through train)GF Securities and others invested in the establishment of venture capital fund partnership. According to the enterprise search APP, Zhuhai Guangfa Xinde Dongying Venture Capital Fund Partnership (Limited Partnership) was recently established with a capital contribution of 100 million yuan. Its business scope includes: engaging in equity investment, investment management, asset management and other activities with private equity funds. Enterprise equity penetration shows that the enterprise is jointly held by Guangfa Xinde Investment Management Co., Ltd. and Foshan Dongying Investment Management Co., Ltd. under GF Securities.Huatai Securities: The target price of Yum! China was raised to HK$ 472.48, and the "Buy" rating was maintained.