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Wo Sai will launch a mini 3D lidar in the field of robotics. From January 7 to 10, 2025, Wo Sai will participate in the International Consumer Electronics Show CES 2025 held in Las Vegas. At this year's CES, Hesai plans to launch its latest product, the new mini high-performance 3D lidar, on January 7th. This new product combines high resolution, low power consumption, lightness and flexibility, and is specially designed for the robot and industrial market. Mini's shape and flexible integration will make it an ideal choice for all kinds of mobile robots, enabling AGV/AMR, unmanned delivery vehicles, mowing robots, cleaning robots, agricultural robots, etc., as well as smart ports and factories, static sensing and other extensive industrial applications. In addition to displaying this new product, Hesai will also display high-performance lidar products for the pre-assembly mass production market on the spot.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.The turnover of Cyrus reached 10 billion yuan, down 6.73%.

 Scientists in China won the "Guardian of the Earth Award" of the United Nations Environment Programme in 2024. On December 10th, the United Nations Environment Programme (UNEP) announced the winners of the "Guardian of the Earth Award" in recognition of their outstanding contributions in dealing with land degradation, drought and desertification. Six people and projects from China, Brazil, USA, Romania, India and Egypt won prizes. Lu Qi, a scientist from China, won the "Science and Innovation Award" and was the first person from China to win this award category. Lu Qi is the chief scientist of the Chinese Academy of Forestry and the founding president of the Three North Engineering Research Institute. He has played a key role in promoting the implementation of the world's largest afforestation project, establishing a desert ecological research network and partnership, and promoting multilateral cooperation to curb desertification, land degradation and drought.Citigroup: The shipment of Qiu Ti FPM exceeded expectations and the target price was HK$ 4.6. Citigroup reported that Qiu Ti Technology (01478.HK) benefited from the strong performance of vivo, Glory and Huawei's flagship models in October, and the demand in November was stronger than expected, which made the shipment of Qiu Ti's 32MP+ model in November still flexible. It is expected that the shipment of mobile phone camera module (CCM) in December will come from the continuous launch of flagship models, but it will be partially offset by the year-end inventory adjustment of its customers. At the same time, it is believed that better product mix and higher average selling price will promote the shipment growth of ultrasonic fingerprint module (FPM). Temporarily maintain "neutral" and target price of HK$ 4.6.

Water conservancy science and technology work conference held: accelerate the construction of advanced and practical water conservancy science and technology support system, and the Ministry of Water Resources recently held a water conservancy science and technology work conference. Li Guoying, Minister of Water Resources, demanded that the system of water conservancy technical standards should be improved, and the coordination mechanism between water conservancy standard development and scientific and technological innovation should be improved. It is necessary to improve the support system of water conservancy scientific and technological innovation forces, optimize the positioning and layout of various water conservancy scientific and technological innovation forces, and form a joint force of system research and development. It is necessary to improve the transformation system of water conservancy scientific and technological achievements, accelerate the accurate docking and integrated development of innovation chain, industrial chain and application chain, and transform more innovative achievements into new quality productivity. It is necessary to improve the policy guarantee system of water conservancy science and technology innovation, implement new research models such as "revealing the list" and "horse racing system", and accelerate the establishment of an evaluation system and assessment mechanism oriented to innovation ability, quality, effectiveness and contribution.Market News: The Director of Russian Intelligence Agency said that Russia is close to achieving all its goals in Ukraine and has the strategic initiative on all fronts.Market News: South Korea's National Assembly passed the resolution of the special prosecutor to investigate martial law.