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People Finance News March 12: Trading volume across Shanghai, Shenzhen, and Beijing exceeded 1 trillion yuan.

Carbon fiber concept stocks surged strongly during midday trading on the 12th, with companies like Zhongfu Shenying and Jilin Carbon Valley showing notable gains. China's maiden T1200 grade ultra-high-strength carbon fiber has achieved hundred-ton level mass production, with broad application prospects, particularly in the aerospace sector, effectively reducing weight and costs. Analysis suggests that relevant enterprises will benefit from the expansion of the commercial aerospace market and domestic localization initiatives.

People Finance News, March 12 — According to the Qichacha APP, Changzhou Reli Delis Motor Technology Co., Ltd. was recently established with a registered capital of 30 million yuan. Its business scope includes: research and development of motors and their control systems; research and development of automotive parts; wholesale of automotive spare parts; retail of automotive spare parts, among others. Qichacha's equity penetration analysis shows that the company is jointly held by Jiangsu Reli and others.

People's Finance News, March 12: The Shanghai Futures Exchange low-sulfur fuel oil main contract rose more than 19%.

People Finance News, March 12 — According to the Qichacha APP, Beijing Qianhong Huashi Technology Co., Ltd. was recently established with business scope including: artificial intelligence industry application system integration services; artificial intelligence application software development; artificial intelligence basic software development; software development; Internet of Things technology research and development, etc. Qichacha's equity penetration display shows that the company is jointly held by Huashi Technology and others.

RMB News, March 12 — China's Permanent Representative to the United Nations, Fu Cong, spoke at an emergency open meeting of the Security Council on Israeli-Lebanese situation on March 11, calling on the international community to promote an immediate ceasefire between Lebanon and Israel. Fu Cong stated that the Middle East conflict is currently escalating and spreading, and the Lebanese-Israeli situation has suddenly intensified. The international community should consolidate peacemaking efforts and move quickly to ease regional tensions and restore peace and stability in the region. (Xinhua News Agency)

Suteng Innovation recently announced an exclusive partnership with Baidu's Apollo Go to supply digital LiDAR for its new generation of Robotaxi models. This represents the first time that thousand-line-level LiDAR has been used in Apollo Go's vehicles, and Suteng Innovation has already established collaborations with 90% of the world's top Robotaxi companies.

People's Financial News, March 12 — The Information Office of the State Council will hold a press conference on Monday, March 16, 2026, at 10:00 AM. Fu Linghui, spokesperson of the National Bureau of Statistics, chief economist, and director of the Comprehensive Statistics Division of the National Economy, will brief on the operation of the national economy for January-February 2026 and answer questions from reporters.

On March 12, the China Home Appliance and Consumer Electronics Expo was held in Shanghai, where Sichuan Changhong announced that its AI TV has been integrated with the OpenClaw AI agent framework to enhance the smart interactive experience of televisions. Changhong AI TV will continuously optimize based on user habits and is equipped with security mechanisms to ensure safe user experience.

Guotai Junan International announced that one of its employees has been detained by the Hong Kong Independent Commission Against Corruption on suspicion of insider trading. The company will suspend the employee's duties and closely monitor the investigation's progress. Meanwhile, Hong Kong authorities have intensified regulatory oversight of investment activities, with recent surprise inspections conducted at multiple brokerage offices. The company stated that overall operations remain normal and the financial position is sound.

On February 9, the Shanghai, Shenzhen, and Beijing Stock Exchanges launched new refinancing policies, which have now been in effect for a month. Data shows that 35 listed companies have released refinancing plans, with shortened approval cycles and gradually warming market response, particularly for science and technology innovation projects. While some companies remain in a wait-and-see mode, overall expectations are optimistic.

Iran's ongoing situation continues to influence global markets, with oil prices soaring sharply after two oil tankers were attacked, causing WTI and Brent crude futures to rise over 6%. Stock markets generally declined, and major global stock index futures also fell. U.S. President Trump emphasized that the United States holds a favorable position in the conflict with Iran and is paying close attention to the situation in the Strait of Hormuz. Analysts believe that restoring oil supplies through the Strait of Hormuz is of vital importance.

People Finance News on March 12: The power sector showed repeated activity, with Green Power and Huadian Energy hitting three consecutive limits-up days, Datang Power hitting the daily limit, Jieneng Wind Power and Xieqian Energy rising over 5%.

As of March 11, the margin financing and securities lending balance for ETFs in the Shanghai and Shenzhen stock markets was 177.79 billion yuan, down 5.63 billion yuan from the previous day. The margin financing balance was 109.147 billion yuan, down 9.69 billion yuan, while the securities lending balance was 8.632 billion yuan, up 4.06 billion yuan. 232 ETFs received net margin financing inflows, with the E Fund China Hong Kong Securities Investment Theme ETF leading with net inflows of 119 million yuan.

International oil prices experienced severe volatility this week, with WTI and Brent crude oil prices both approaching $120 per barrel intraday before plummeting sharply. The IEA decided to release 400 million barrels of oil reserves to the market, but analysts believe the effect of the release is limited and unable to offset the Middle East supply gap. U.S. oil prices rose to $3.50 per gallon due to supply concerns and may face further increases. The security of the Strait of Hormuz has become a market focus, with the key to stabilizing oil prices lying in restoring tanker passage through the region.

On March 11, the margin trading balance on the STAR Board reached 290.76 billion yuan, with margin financing balance increasing by 559 million yuan and margin securities lending balance decreasing by 35 million yuan. 303 individual stocks received net margin financing inflows, with Huibo Sichuang having the highest net inflow, reaching 297 million yuan.

Rmb Finance News March 12 - The Micro LED concept opened with gains, Hucan Optoelectronics rose nearly 13%, with San'an Optoelectronics, Jufei Optoelectronics, Leeman Optoelectronics, and Guoxing Optoelectronics following suit with increases.

People's Finance News, March 12 — According to reports, Iran's Deputy Energy Minister Taztalaб stated on the 11th that despite multiple accidents in Iran's power system caused by attacks, Iran's power supply currently remains continuous and stable. Taztalaб stated that in Tehran and surrounding areas alone, the power system experienced over 170 accidents caused by attacks, while power systems in other regions also suffered corresponding levels of damage. Currently, all employees in Iran's power sector are on standby, and the damaged power grid has been restored through timely emergency repairs. (CCTV News)

Both CITIC Securities and Great Wall Securities believe that with the advancement of AI development, Micro LED co-packaged optics (CPO) is expected to become a key technology for mid-range optical interconnection, featuring low power consumption and high stability. However, it currently faces bottlenecks such as luminescent chip performance, and is expected to be gradually implemented after 2027. Meanwhile, the CPO solution demonstrates significant advantages over traditional copper cable and laser solutions in terms of energy consumption and reliability.