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Shangtang Technology completed the placement of a number of international funds, long-term funds and existing shareholders of about HK$ 2.8 billion. For the news that Shang Tang announced today that it plans to place 1.865 billion shares and raise HK$ 2.787 billion, the reporter learned that a number of internationally renowned funds, long-term funds and existing shareholders will participate, and the funds raised will be used to support the company's core business development, including building an industry AI cloud, upgrading the scale of Shang Tang's large-scale devices, supporting generative artificial intelligence, including large-scale model research and product development, and (science and technology innovation board Daily)Li Dongsheng: The annual benefit of the landing application of TCL AI technology exceeds 540 million yuan. On December 11th, Li Dongsheng, the founder and chairman of TCL, said at the TCL Global Technology Innovation Conference that TCL promoted the landing application of AI technology in high-value scenes such as R&D and manufacturing through long-term development planning, with an annual benefit exceeding 540 million yuan. Yan Xiaolin, CTO of TCL Technology, CTO of TCL Huaxing and Dean of TCL Industrial Research Institute, said that AI has been used to improve the display quality, provide human-computer interaction ability, and also used in intelligent manufacturing. This 540 million yuan is the direct new benefit approved by the financial department and business department of BU (business department), excluding the unclear benefits such as image quality improvement and voice function. (CBN)Gan Xiaoming, former party member and vice chairman of Wuhan CPPCC in Hubei Province, was expelled from the Party membership and public office. According to the news from the Hubei Provincial Commission for Discipline Inspection, with the approval of the Hubei Provincial Committee, the Hubei Provincial Commission for Discipline Inspection recently filed a case review and investigation on the serious violation of discipline and law by Gan Xiaoming, former party member and vice chairman of Wuhan CPPCC. Gan Xiaoming seriously violated the party's political discipline, organizational discipline, integrity discipline and life discipline, constituted a serious duty violation and was suspected of accepting bribes, and did not converge or stop after the 18th National Congress of the Communist Party of China, which was serious in nature and had a bad influence and should be dealt with seriously. After being studied at the meeting of the Standing Committee of the Hubei Provincial Commission for Discipline Inspection and reported to the Hubei Provincial Party Committee for approval, it was decided to expel Gan Xiaoming from the party; He was dismissed from public office by the Hubei Provincial Supervision Commission; Terminate his qualification as a representative of the 14th Party Congress in Wuhan; Collect their illegal income; The suspected crime was transferred to the procuratorate for review and prosecution according to law, and the property involved was transferred together.

IBM's new optical technology can greatly speed up the training of AI models. IBM announced the development of a new optical technology, which can train AI models at the speed of light and save energy greatly. The company said that by applying this breakthrough to the data center, the energy saved by training an AI model is equivalent to the energy consumption of 5,000 American families in one year.Bejet set up a new water development company in Kashgar, Xinjiang. According to the enterprise search APP, Bejet (Kashgar) Water Development Co., Ltd. was recently established, with the legal representative of Yuanxi and the registered capital of 10 million yuan. Its business scope includes: ecological restoration and ecological protection services; Protection and management of natural ecosystems; Technical consultation on resource recycling service; Resource recycling technology research and development, etc. Enterprise equity penetration shows that the company is wholly owned by Bejet.The President of Argentina announced that a package of financial, political and security reforms will be carried out next year. On December 10, local time, Argentine President Millai said in a televised speech on the first anniversary of his administration that a package of financial, political and security reforms will be carried out in 2025. Millay also announced that the national tax revenue will be reduced by 90%. (CCTV News)

Shanxi Securities: The launch of new OpenAI products catalyzes the demand for low-orbit satellite to continue to accelerate. Shanxi Securities Research Report pointed out that 1) The "Open AI 12 Days" activity was held, and the official version of o1 &pro and the full version of ChatGPT pro o1 were released faster and more powerful than o1 preview, and they performed better in code, mathematics and writing, and still possessed the original ability of picture reasoning. With the marginal cost of training continuing to increase and cot reasoning computing power continuing to increase, the computing power demand in 2025 is real and may continue to exceed expectations. It is suggested that the current optical module, copper connection, power supply and liquid cooling should be switched to the low valuation of 2025 performance. 2) Amazon shows trn1 ultra cabinet products, and cloud manufacturer ASIC brings incremental demand for copper connection. Cloud manufacturers' self-developed ASIC will bring important demand increment for high-speed copper connection. At present, copper connection system component manufacturers are concentrated overseas, while bare wire supporting capacity is concentrated in China. 3) Last week, Yuanxin Qian Fan's third networking satellite was successfully launched in Taiyuan, and SpaceX mobile phones were directly connected to satellite networking for commercial use. The development of LEO satellite Internet is related to 6G standard discourse right, orbital frequency resources and the game of international air and space infrastructure powers, which is expected to force the launch of LEO constellation in China to accelerate again. Under the catalysis of continuous events, the relevant targets of the industrial chain are expected to usher in a certain performance contribution and drive the double-click market.The weighted share price index of Taiwan Stock Exchange fell 1% to 22,893.62 points.Foreign media explosion: Biden's government is considering imposing new sanctions on Russian oil trade before Trump takes office, and the details have yet to be finalized. Bloomberg reported on the 10th local time that Biden's government is considering imposing new and stricter sanctions on Russian oil trade, trying to further increase pressure on Russia before Trump, the US president-elect, returns to the White House. The report quoted people who are familiar with the situation but do not want to be named as saying that the details of possible new measures are still being worked out, but Biden's team is considering imposing restrictions on some Russian oil exports. (World Wide Web)