A-share evening hot topics | The highest pre-increase is nearly 744 times! Storage giant's performance "explodes"

1. CSRC seeks public opinions on improving refinancing rules for listed companies On July 3, the CSRC announced that it will make modifications to the "Administrative Measures for the Registration of Securities Issuance by Listed Companies" and related rules. The CSRC is seeking public opinions on these changes. The main modifications include establishing a system for targeted additional share issuance for refinancing, optimizing the system for small and rapid refinancing, implementing a unified market price issuance pricing mechanism, simplifying the conditions for listed companies to issue shares to controlling shareholders, strengthening regulatory requirements for convertible bonds, and further clarifying the requirements for the use of funds raised. Specifically, the upper limit for small and rapid refinancing amounts for listed companies is adjusted to 600 million yuan, and the upper limit for financing amounts for listed companies with net assets exceeding 10 billion yuan is expanded to 1 billion yuan, meeting the financing needs of large companies. The existing rule that the financing amount cannot exceed 20% of the net assets remains unchanged. The authorization for small and rapid refinancing by the annual general meeting of shareholders of listed companies has been changed to authorization by the shareholders' meeting of the listed company, increasing financing flexibility. 2. Storage leader Shenzhen Longsys Electronics expects a surge of 74394% in performance On the evening of July 3, A-share storage leader Shenzhen Longsys Electronics announced that it expects a net profit attributable to shareholders of the listed company for the first half of 2026 to be between 9.2 billion yuan and 11 billion yuan, an increase of 62204% to 74394% year-on-year. During the reporting period, the global semiconductor storage industry saw increased downstream demand and limited overall growth in global storage wafer capacity, creating a favorable external environment for the company. 3. Three departments adjust tax incentives for energy-saving vehicles and new energy vehicles The Ministry of Finance, the State Taxation Administration, and the Ministry of Industry and Information Technology recently announced that, starting from January 1, 2027, the policy of halving vehicle and vessel taxes for energy-saving vehicles will be abolished, and the policy of exempting pure electric commercial vehicles, plug-in (including extended-range) hybrid vehicles, and fuel cell commercial vehicles from vehicle and vessel taxes will also be canceled. The relevant person in charge of the Ministry of Finance stated that this policy adjustment is conducive to tax fairness and guiding the healthy development of the new energy vehicle industry. New energy vehicles and fuel vehicles are both high-value assets. According to relevant data, the average selling price of plug-in (including extended-range) hybrid electric vehicles was 218,000 yuan in 2025, with some models selling for over a million yuan. This policy adjustment will help better distribute vehicle and vessel tax revenue and guide companies to enhance product competitiveness through technological innovation, promoting the high-quality development of the new energy vehicle industry. 4. State Council: Significant progress in building a beautiful China by 2030 The State Council issued the "Fourteenth Five-Year Plan for Building a Beautiful China." The plan states that by 2030, the overall improvement of ecological and environmental quality and significant progress in building a beautiful China will have been achieved. It calls for expanding the application scenarios of intelligent technologies, implementing eco-environment information projects, deepening the application of new technologies such as artificial intelligence, and constructing a green and intelligent digital ecological civilization. 5. PBoC: to operate with 1 trillion yuan next Monday The People's Bank of China announced on July 3 that in order to maintain ample liquidity in the banking system, it will conduct a 100 billion yuan reverse repurchase operation with a fixed quantity, interest rate bidding, and multi-price bidding method on July 6, with a term of 3 months (91 days). This operation is a net injection of 200 billion yuan. CITIC Securities' chief economist Ming Ming stated that this is the first net injection in a three-month reverse repurchase operation since March this year. Since June, overall funding rates have risen to near policy rates, and this operation shows that monetary policy is focused on safeguarding liquidity. 6. Samsung secures a huge ASIC order from Meta, and the backlog of orders aims to reach 50 trillion Korean won According to Korean media reports, Samsung Electronics is becoming the core production base for self-developed AI chips (ASIC) for global technology giants including Tesla, Anthropic, and Meta. Its long-standing backlog of orders is expected to approach 50 trillion Korean won (approximately 2215 billion yuan). Similar to Meta, Anthropic also plans to build a self-owned AI data center with a power of about 1 gigawatt, with an estimated investment scale of about 50 billion US dollars (approximately 3390 billion yuan). 7. Study Times: Technological leadership becomes a key factor in major power competition An article in Study Times pointed out that a new round of technological revolution and industrial change is accelerating, with major countries introducing policies and intensifying strategic layouts. In 2026, American scientific and technological companies accelerated the process of capitalizing the market, SpaceX completed the largest IPO in history, and leading artificial intelligence companies like OpenAI and Anthropic actively promoted the listing process. The EU launched the "European Technology Sovereignty Plan" covering artificial intelligence, cloud computing, algorithmic collaboration, and other areas to support its domestic science and technology enterprises. Japan planned long-term strategic layouts, proposing to implement a "growth strategy" and invest trillions of yen in public-private joint investments in 17 core areas including artificial intelligence, chips, and space by 2040, to comprehensively strengthen its technological competitiveness. In the past, the focus of major power competition was largely on traditional dimensions such as geopolitical influence, military strength, and ideological confrontation. However, the new round of global major power competition has undergone fundamental changes, with technological leadership becoming a key factor in major power competition.