Evening hot spot in A shares | Just 73 days! Yushu Technology's IPO quickly passed, and the list of A-share cooperation companies exposed.

1The heavyweight of humanoid Siasun Robot & Automation! Yushu Technology's IPO is approved, which stocks will become the biggest beneficiaries? On June 1st, the Listing Committee of the Shanghai Stock Exchange held the 31st IPO review meeting of 2026. The review results showed that Yushu Technology Co., Ltd.'s initial public offering met the issuance conditions, listing conditions, and information disclosure requirements. The company's push to become the first A-share "humanoid Siasun Robot & Automation" is one step closer. From acceptance to approval in just 73 days, setting a record for the fastest pre-IPO review mechanism on the Sci-Tech Innovation Board, the A-share's first "humanoid Siasun Robot & Automation" is on its way. As Yushu Technology's listing enters the countdown, investors' interest in its A-share industry chain has significantly increased. Several listed companies have publicly responded to this. According to incomplete statistics, nearly 20 A-share listed companies such as Thunder Software Technology, Kingfa Sci. & Tech., Sangfor Technologies Inc., Wolong Electric Group have replied on platforms like Interactive Easy regarding their investments in Yushu Technology, but their shareholding proportions are limited. Many listed companies have maintained a rational attitude towards information disclosure when disclosing their cooperation relationships. Companies like Zhejiang Changsheng Sliding Bearings have clearly stated on interactive platforms that the sales to Yushu Technology account for a low percentage of their total sales. 2The Science and Technology Innovation 50 index drops 10% in two days! Public offering adjustment leads to a big drop? Industry insiders: this is a misunderstanding The AI hard technology industry chain has undergone a significant adjustment, with the Science and Technology Innovation 50 index dropping 10% in two days. Some believe that this is due to "regulatory rectification of fund style drifts, as nearly 200 funds have adjusted their performance benchmarks starting June 1st." Industry insiders believe that this logic is a clear misunderstanding. The true meaning of the so-called "June 1st deadline" is that the first batch of fund companies formally implement adjustments to their benchmark contract terms, rather than a deadline for portfolio adjustments. More importantly, this adjustment follows the principle of "adjusting the benchmark without adjusting the portfolio, which not only does not involve forced selling but also includes a buffering period of up to a year, and the scale is not enough to cause a substantial impact on the market. Market participants believe that the volatility in the technology sector is essentially a normal digestion after the market accumulates high valuations and concentrations, which is part of the market's internal structural self-optimization and not directly related to fund benchmark adjustments. Investors should rationally consider the relationship between institutional development and market volatility, avoiding simple attribution and emotional operations. 3Beyond Maotai and Ningde! Zhongji Innolight becomes the largest weighting stock in the CSI 300 Driven by continuous price increases, Zhongji Innolight's total market value has now exceeded 1.2 trillion yuan, ranking among the top ten A-shares with a nearly 580 billion yuan increase in market value so far this year, the highest increase in the market. At the same time, Zhongji Innolight has recently become the largest weighting stock in the CSI 300 index, with a weight of 4.83%, surpassing the second place Contemporary Amperex Technology (4.20%) and the third place Kweichow Moutai (3.11%). As of now, the top 20 weighted stocks in the CSI 300 index, represented by chip, optical communication, and new energy sectors, account for sixty percent. Among them, electronics, electrical equipment, and communication stocks account for 40%, 10%, and 10% respectively, with core assets experiencing a leap in containing science volume. 4Storage giant Micron soared over 4% and surpassed $1,000! Bulls and bears debate on growth prospects On June 1st, Micron Technology's US stock price briefly rose more than 4%, breaking the $1,000 mark. It is worth noting that Micron Technology joined the trillion-dollar market cap club last Tuesday, but at the same time, there were some bearish voices in the market. Despite the stock price increasing more than tenfold in the past 12 months, Wall Street overall remains cautiously optimistic. Analysts believe that the short-term upward momentum is likely to continue, but risk management is crucial due to the possibility of a significant pullback resulting from a reversal in operating leverage. 5Oil prices surged at one point! With the Prime Minister suddenly ordering an attack on Lebanon, the ceasefire agreement "has basically failed" On June 1st local time, Prime Minister Netanyahu of Israel announced via social media that he had instructed the Israeli Defense Forces to launch attacks on targets in the Dahieh area of southern Beirut. The Israeli daily, "Israel Times," commented that recent Israeli actions signify that the ceasefire declared by Israel and Lebanon on April 17th has "basically failed." On the same day, the Israeli military spokesperson in Arabic issued two emergency warnings on social media, urging residents of nine villages in southern Lebanon to evacuate immediately. The Israeli military stated that due to Lebanon's Hezbollah's violation of the ceasefire agreement, the military will take military action in the relevant areas. In the market, international oil prices surged, with US oil rising over 4% at one point and Brent crude rising over 3%. 6New energy vehicle penetration rate in May expected to reach a new high of 62.5%! Many car companies disclose their latest performance At the beginning of June, several new energy vehicle brands announced their sales or delivery data for May. Among the new forces in the automobile industry, LEAPMOTOR delivered 81,569 vehicles globally in the month, an 81% year-on-year increase, setting a new record for monthly sales and leading the pack once again. NIO followed closely, delivering 37,705 new vehicles in May, a 62.3% year-on-year increase and a 28.4% increase from the previous month, with the gap between Ideal Motors and NIO not significant. "New top player in the automotive world" Xiaomi Cars delivered over 30,000 vehicles in May for the second consecutive month. Looking at the disclosed results, the main feature of May was the month-on-month growth in sales. Data released by the China Passenger Car Association also shows that in May, total retail sales of narrow passenger vehicles in China are expected to reach 1.52 million units, an increase of nearly 10% month-on-month; retail sales of new energy vehicles in China are expected to reach 950,000 units, a 12% month-on-month increase, with an overall market penetration rate of about 62.5%, reaching a new historical high. 7"Algorithmic metals" concept stocks strengthen as listed companies respond to price increases On June 1st, stocks related to the "algorithmic metals" tin industry concept rose against the trend. With the rapid development of the artificial intelligence industry, the price of tin, a metal, has increased significantly, from 300,000 yuan per ton in November 2025 to around 420,000 yuan per ton currently, a nearly 40% increase over six months, reaching a historical high. In response, Yunnan Tin Co., Ltd. stated that since the beginning of the year, the price of tin has increased by more than 30%, and supply and demand have been in a continuous tight balance. The company owns its own tin mines, and their tin ore resources are all domestic, extracting tin ore to produce tin ingots for sale. The rise in tin prices is influenced by multiple factors, such as the rapid development of the artificial intelligence and algorithm computing industries, leading to an increase in the demand for tin primarily used in welding. However, the company does not directly participate in end applications and obtains relevant demand information mainly through industry institutions. 8Douyin's paid services officially go live in late June, accelerating integration with TikTok e-commerce According to sources, it is expected that Douyin's paid content will officially go live in late June and will update related features at the same time during the Force Conference. The reason for choosing this timeframe is that it will take about a month for the PC and mobile end to complete the basic function and fee system adaptation restructuring. If things progress smoothly, Douyin will further integrate e-commerce functions in the third quarter and improve paid scenes, and drive traffic to the TikTok store through subsidies, entering the operational phase in the fourth quarter. These actions are all preparations for commercial returns in 2027 and beyond. Therefore, Douyin will not consider the penetration rate of paid users as an evaluation indicator for 2026. Looking at the investment opportunities that the market is paying attention to, Commercial Aerospace stands out. 1Major news in Commercial Aerospace! The Long March 12B carrier rocket successfully launched According to the official Weibo account of China Aerospace Hi-Tech Holding Group, at 16:40 on June 1st, the Long March 12B carrier rocket lifted off from the Dongfeng Commercial Aerospace Innovation Test Area, sending the tenth batch of network constellation satellites into the planned orbit, successfully completing the maiden flight mission. This mission did not include a recovery test, and further recovery tests will be conducted at a later date. Huaxi believes that China's complete rocket and satellite industry chain, with clear entry paths for commercial aerospace collaboration, will experience rapid growth under the development of rocket recyclable technology and optimized rocket launch costs. The industry will enter a period of rapid growth due to the increasing demand for constellation networking and terminal consumption paths, benefiting companies throughout the industry chain. In addition, the following sectors are worth paying attention to: 2Real Estate| Several national banks no longer submit data this year, further "relaxing" the management of real estate loan concentration. 3Space Algorithm Computing| Beijing's first Space Algorithm Computing Industry Innovation Center officially established. 43D Printing| Significant increase in 3D printer exports, with consumer-grade devices in high demand. 5Brain-Machine Interface| Chengdu: Accelerating layout in new fields such as nuclear fusion energy, brain-machine interface, and quantum technology. On the positive announcement side, it is recommended to pay attention to Wuliangye Yibin's repurchase of 1.19 million shares of the company's stock; on the negative announcement side, be aware of Beijing E-Hualu Information Technology being investigated by the China Securities Regulatory Commission, among others. Positive Announcements 1Wuliangye Yibin: Repurchases 1.19 million shares of the company's stock, with a total transaction amount of approximately 1 billion yuan. 2Chongqing Sokon Industry Group Stock: From January to May, new energy vehicle sales increased by 15.14% year-on-year. 3Haisco Pharmaceutical Group: Signs a research and development cooperation agreement with Lilly, receiving up to $87 million in upfront payments. 4Ningbo Sanxing Medical Electric: Subsidiary expected to win a national grid project worth approximately 114 million yuan. 5China Railway: Cumulative repurchase amount as of the end of May is 710 million yuan. Negative Announcements 1China Hi-Tech Group: Stock has been issued a delisting risk warning, with a risk of being delisted. 2Beijing E-Hualu Information Technology: The company is being investigated by the China Securities Regulatory Commission for suspected violations of information disclosure laws and regulations. 3Guangdong Huate Gas Co., Ltd: Information discloser's ownership percentage reduced from 50.00% to 44.83%. 4Xianheng International Science & Technology: Shareholders Goldman Sachs Asia Strategic and Xianheng Group plan to collectively reduce their shareholdings by no more than 3.6142%. 5Zhejiang Yunzhongma: Two shareholders plan to respectively reduce their shareholdings by 1.93% and 1%. This article is a translation from "Tencent Zixuan Stock" by GMTEight, edited by Li Fo.