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A former employee of Adebio was sentenced and involved in AstraZeneca employees' insurance fraud case. A former employee of the genetic testing company Aidebio, which worked closely with AstraZeneca, committed medical insurance fraud together with AstraZeneca sales staff during his tenure in the company. He was sentenced to three years' imprisonment and fined for fraud, and I pleaded guilty. A judgment obtained shows that Ma, a former employee of Aide Bio involved in the case, conspired with AstraZeneca employees to tamper with the genetic test report during his tenure. He began to accept public security investigation in September 2021 and was sentenced in August 2023. However, on December 9, 2024, the company replied that "there is no problem (cooperation with AstraZeneca), which has no impact on us and has nothing to do with us" and denied that any employees were involved. (financial magazine)Domestic big model fierce battle video generation track domestic video big model broke out in a concentrated way. Recently, all kinds of funny videos made with AI big model became popular on the Internet. Behind this is the rapid rise of domestic video models, and the threshold of Wensheng video and Tusheng video has been greatly reduced. At the end of March this year, the "Dream AI" platform was tested internally, and the web version was opened in May, and it was officially put on the mobile terminal in August. On June 6th, official website, a large model of "Keling" video generation, was officially launched, and 15 days later, it announced the launch of graphic video function. Various video generation models of Internet vendors have mushroomed. On July 4th, Shangtang Technology released Vimi；, a large model of character video generation; On July 6, the online AI generated a clear image of the video model; On September 19, Alibaba Cloud Tongyi Wanxiang released a video generation model, which launched the functions of Wensheng video and Tusheng video. On December 3rd, the video generation function of Tencent Hybrid Model was launched. The industry believes that at present, the domestic large-scale video model has significantly improved the consistency, controllability and richness of the picture. After improving the imaging quality and breaking through the bottleneck of generation time, it is expected to greatly open up the downstream commercial space.Institution: The battery price stabilized in November, and it is expected to rise slightly in 2025. On December 12, according to the latest research of TrendForce Jibang Consulting, in November 2024, the sales of electric vehicles in China continued to increase, which boosted the demand for power batteries, and the price of Ferrous lithium phosphate batteries remained stable, while the ternary batteries declined slightly. The demand for batteries in the energy storage market maintained the peak season characteristics, and with the price advantage of large-capacity batteries, the proportion of shipments increased. However, the average price of energy storage batteries continued to decline in November due to the slowdown in demand for orders at the end of the year. The agency expects that the price of some lithium battery materials may rise slightly in the peak season of 2025, which is expected to repair the serious losses of the company in the early stage. However, due to the fact that the relationship between supply and demand has not changed from surplus to shortage, the expected increase in material prices is limited, and battery manufacturers actively control costs, the battery price trend will be stable next year.

Shanghai Minhang issued 50 opinions to promote high-quality industrial development and strengthen high-quality financial empowerment. The Minhang District People's Government of Shanghai issued the Policy Opinions on High-quality Industrial Development in Minhang District (Trial) on December 12, aiming at improving the basic industrial capacity and the modernization level of industrial chain, accelerating the concentration of various advanced production factors to the development of new-quality productive forces, and promoting the high-quality industrial development in Minhang District. The opinion proposes to strengthen the empowerment of high-quality finance, form a 30 billion yuan "special loan for high-quality development of enterprises in Minhang District", give preferential interest rates to loans, and give subsidies according to a certain proportion of loan interest. Form a credit line of 20 billion yuan "Minhang District Special Loan for Supporting New Infrastructure Construction" to give gradient support to various fixed assets projects.Ministry of Water Resources: A number of projects to fully promote the construction of the national water network are accelerating. On December 12, the State Council Office held a press conference to introduce the tenth anniversary of the first phase of the East Middle Route of the South-to-North Water Transfer Project. Zhang Xiangwei, director of the Planning Department of the Ministry of Water Resources, said that the Ministry of Water Resources has made every effort to promote the construction of the national water network according to the overall deployment of the Outline of the National Water Network Construction Plan, focusing on networking, supplementing the network and strengthening the chain. Judging from the main artery of the national water network, the middle route of South-to-North Water Transfer Project is accelerating. From the point of view of the backbone water transport and drainage channels of the national water network, a number of major inter-basin water diversion projects have been completed, such as connecting the Yangtze River and Huaihe River, connecting the Han River and Weihe River, and allocating water resources in the Pearl River Delta. At the same time, the water resources allocation around the Beibu Gulf, the backbone project of Jilin water network, the second phase of Huaihe River's waterway into the sea and other projects that have been demonstrated for many years have all started construction and are actively promoting the implementation of the projects.With a case value of 6.891 billion yuan, the Anti-smuggling Bureau of Huangpu Customs launched a special campaign to crack down on smuggling and fraudulent tax refund, which was announced by the Customs. Recently, the Anti-smuggling Bureau of Huangpu Customs, together with the Third Branch of the Securities Crime Investigation Bureau of the Ministry of Public Security, the Economic Investigation Corps of the Hunan Provincial Public Security Department and the Yueyang Public Security Bureau of Hunan Province, launched a special campaign to crack down on smuggling and fraudulent tax refund, and simultaneously carried out arrests and investigations in Dongguan, Shenzhen, Guangzhou, Yueyang and Jinjiang. After preliminary investigation, criminal gangs were suspected of smuggling imported LCD screens and integrated circuits with a case value of 756 million yuan, falsely issuing special invoices for value-added tax and defrauding export tax rebate of 6.135 billion yuan, with a total case value of 6.891 billion yuan.

Japan's housing prices exceed the annual income by 10 times and Tokyo's by 18 times. According to the Nikkei News, in Japan, the price of new residential buildings has risen faster than the increase of wages, making it increasingly difficult for the actual demand class to afford. As an investment target, the popularity is deeply rooted, and developers also supply a large number of houses with over 100 million yen. Especially in Tokyo, the average price is 18 times of the annual income, and it is becoming a market that ignores the actual demand level. According to the prefectures and counties in Japan, the highest ratio of house price to income is 17.78 times that of Tokyo. The average annual income is 5.92 million yen, and the price of residential buildings reaches 105.26 million yen.Mizuho listed in Japan to invest in the ETF of Saudi stock market.The CSI convertible bond index closed up by 0.46% at noon, while the auto model convertible bond, the alliance convertible bond and the profit convertible bond rose by 15.85%, 13.27% and 11.35% respectively. Tianyuan convertible bonds fell by 15.28% and Yingtong convertible bonds fell by 5.30%.