The National Development and Reform Commission (NDRC) has further clarified the scope of public credit information collection to protect the legitimate rights and interests of credit subjects. The NDRC and relevant departments recently issued the "National Basic Catalog of Public Credit Information (2026 Edition)" and the "National Basic List of Disciplinary Measures for Dishonesty (2026 Edition)". The Catalog includes 13 categories of public credit information, including basic registration details and judicial rulings. The List specifies 14 disciplinary measures across three types, further standardizing失信惩戒 actions. These documents took effect immediately upon issuance and are valid for two years, replacing the 2025 versions.
According to data from the State Administration of Foreign Exchange, China's foreign exchange reserves stood at $3,342.1 billion as of the end of March 2026, a decrease of $85.7 billion from the end of February, representing a 2.5% decline. Factors such as the rising US dollar index and falling global asset prices contributed to the decrease. China's stable economic performance continues to support the fundamental stability of foreign exchange reserves.
The People's Bank of China increased its gold reserves for the 17th consecutive month, with holdings reaching 74.38 million ounces by end-March, up from 74.22 million ounces in February.
In response to volatile international crude oil prices, China has implemented further adjustments to domestic refined oil prices. Effective from April 7, gasoline and diesel prices were raised by 420 yuan and 400 yuan per ton respectively, moderated from calculated increases of 800 yuan and 770 yuan. Oil companies are required to ensure stable market supply and adhere to pricing policies.
Iran's Kharg Island, its largest crude oil export terminal, was reportedly attacked again on April 7, with multiple explosions heard. The island accounts for 90% of Iran's oil exports.
Former US President Donald Trump announced on social media a two-week suspension of military actions against Iran, citing a ten-point proposal from Iran as a viable basis for negotiations.
Iran's Supreme National Security Council accepted a ceasefire proposal from Pakistan on April 8, following recommendations from the Supreme Leader. Pakistani Prime Minister Shehbaz Sharif confirmed diplomatic efforts to peacefully resolve Middle East conflicts, requesting a two-week extension for negotiations and urging Iran to reopen the Strait of Hormuz as a goodwill gesture.
Iran's Mehr News Agency reported that talks with the US will commence in Islamabad on April 10 for a duration of two weeks.
**Corporate News:** - Shannon Components Creat: Q1 net profit forecast up 6,714.72%–8,747.18% YoY due to rising enterprise storage product prices. - Zhenyu Technology: Q1 net profit expected to increase 277.43%–318.61% YoY. - Xinke Materials: Q1 net profit projected to grow 67.93%–101.52% YoY. - Francotyp-Postalia: Q1 net profit anticipated to rise 54%–74% YoY. - Taotao Vehicles: Q1 net profit forecast up 79.79%–126.19% YoY. - Wens Foodstuff Group: March sales revenue from live pigs reached 4.828 billion yuan, up 22.04% MoM. - JuXing Agriculture & Animal Husbandry: March sales of commercial fattening pigs hit 456,800 heads, up 40.03% YoY. - DongRui Pig: March hog sales revenue was 193 million yuan, down 2.69% MoM. - DBN Group: March hog sales revenue totaled 550 million yuan, up 15.79% MoM. - Heli: Q1 net profit expected to increase 43.16%–64.11% YoY. - Win Source: Q1 net profit forecast up 139.4%–164.6% YoY. - Dongshan Precision: Q1 net profit projected to grow 119.36%–152.27% YoY. - Shenhuo: Q1 net profit anticipated to rise 217.68% YoY, driven by higher aluminum product prices. - Western Gold: Q1 net profit forecast up 1,797.16%–2,260.91% YoY. - Hygon Information: Q1 net profit reached 687 million yuan, up 35.82% YoY. - Eve Energy: Q1 net profit expected to increase 25%–35% YoY. - Highly: 2025 net profit up 112.18% YoY; proposed dividend of 0.28 yuan per 10 shares. - *ST Prowave: 2025 net profit increased 2.73% YoY; applied for delisting risk warning removal. - Win Source: 2025 net profit was 98.882 million yuan, up 12.02% YoY. - GaoZheng Explosive: 2025 net profit up 33.64% YoY; proposed dividend of 1.4 yuan per 10 shares. - TFC Optical Communication: 2025 net profit rose 50.15% YoY; proposed stock dividend of 4-for-10 and cash dividend of 7 yuan per 10 shares. - Western Gold: 2025 net profit increased 86.09% YoY; proposed dividend of 1.56 yuan per 10 shares. - PetroChina: Parent company and subsidiaries increased holdings by 309 million shares, totaling 2.801 billion yuan. - Jifeng Technology: Jointly won EPC contract for Zhijiang low-altitude infrastructure project. - Titan Wind Energy: Signed approximately 280 million yuan offshore engineering order. - Beixin Road & Bridge: Jointly won 193 million yuan highway construction project. - Batec: Increased investment by up to 550 million yuan for Thailand production base. - Guanghong Holdings: Plans up to 1.843 billion yuan investment for smart cold chain base. - Longking Environmental: To jointly invest with Eve Energy in 60GWh energy storage battery plant, total investment estimated at 6 billion yuan. - Huayou Cobalt: To jointly invest with controlling shareholder in headquarters tech building. - Baihua Pharmaceutical: Actual controller to change to Jinhua SASAC; trading resumes tomorrow. - Hile Bio-technology: Subsidiary GORORISE obtained registration in Indonesia for absorbable collagen membrane. - Haisco Pharmaceutical: Innovative drug HSK39004 inhalation powder included in breakthrough therapy program. - China Animal Husbandry: Subsidiary approved to produce emergency foot-and-mouth disease vaccines. - Haohai Healthcare: Subsidiary received medical device registration for multifocal aspheric intraocular lens. - Potential Energy: QK18-9-7 well achieved further exploration breakthrough.
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