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Intel: Breakthrough progress has been made in chip interconnection, and the inter-line capacitance has been reduced by 25%. Recently, Intel OEM announced a major breakthrough in on-chip interconnection technology. The latest subtractive Ruthenium interconnection technology of the company can reduce the inter-line capacitance by up to 25%, effectively improving the on-chip interconnection. According to reports, the subtractive ruthenium interconnection technology has achieved great progress in interconnection miniaturization by using ruthenium, a new, key and alternative metallization material, and using thin film resistivity and airgap. This process does not need an expensive photolithographic air gap exclusion zone around the via, and it can also avoid using a self-aligned via that is selectively etched. When the spacing is less than or equal to 25 nm, the air gap realized by reducing ruthenium interconnection technology can reduce the capacitance between lines by up to 25%, which can be used as a metallization scheme to replace copper damascene process in closely spaced layers. It is reported that this solution is expected to be applied in the future process nodes of Intel OEM. (Sina Technology)BYD Tengshi set up a sales company in Guangxi, and Tianyancha App shows that Yulin Tengshi Automobile Sales Co., Ltd. was recently established, with Xiao Yun as the legal representative and a registered capital of RMB 1 million. Its business scope includes automobile sales, new energy vehicle sales, new energy vehicle electrical accessories sales, Internet sales, generator and generator set sales, battery sales, information consulting services, second-hand car trading market management and enterprise management consulting. According to shareholder information, the company is wholly owned by Tengshi Automobile Sales & Service Co., Ltd., a subsidiary of BYD.This year, the amount of M&A transactions involving listed companies in Hong Kong has reached 38 billion US dollars, which has triggered a rare bidding war. This year is expected to be the busiest year for M&A transactions involving listed companies in Hong Kong in the past decade, with industries ranging from skin care products to logistics real estate, and the bidding war has also warmed up. It is reported that China Mobile's bid for Hongkong Broadband may face competition from American private equity firm I Squared Capital. Bi Hua, chairman of Fenmei Packaging, is negotiating with Qihao Capital to jointly counter the privatization offer of Shandong Xinjufeng. The data shows that the scale of M&A transactions for listed companies in Hong Kong has reached $38 billion this year, the highest level since 2017, including the merger of Guotai Junan Securities and Haitong Securities, a smaller competitor, to become the largest brokerage firm in China.

Zhaoyi Innovation established a management consulting company in Zhuhai. According to the enterprise search APP, Zhuhai Lingchuang Management Consulting Co., Ltd. was recently established with a registered capital of 5 million yuan, and its business scope includes: enterprise management consulting. Enterprise survey shows that the company is wholly owned by Zhaoyi Innovation.This year, the amount of M&A transactions involving listed companies in Hong Kong has reached 38 billion US dollars, which has triggered a rare bidding war. This year is expected to be the busiest year for M&A transactions involving listed companies in Hong Kong in the past decade, with industries ranging from skin care products to logistics real estate, and the bidding war has also warmed up. It is reported that China Mobile's bid for Hongkong Broadband may face competition from American private equity firm I Squared Capital. Bi Hua, chairman of Fenmei Packaging, is negotiating with Qihao Capital to jointly counter the privatization offer of Shandong Xinjufeng. The data shows that the scale of M&A transactions for listed companies in Hong Kong has reached $38 billion this year, the highest level since 2017, including the merger of Guotai Junan Securities and Haitong Securities, a smaller competitor, to become the largest brokerage firm in China.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.

Treasury futures closed in early trading, with 2-year Treasury futures (TS) up 0.02%, 5-year Treasury futures (TF) up 0.04%, 10-year Treasury futures (T) up 0.09% and 30-year Treasury futures (TL) up 0.08%.Yuan Jianlin, the former deputy director-level cadre of the Standing Committee of the People's Congress in Southwest Guizhou Province, was "double-opened". The website of the State Commission for Discipline Inspection of the Central Commission for Discipline Inspection reported on December 12 that according to the news of the Guizhou Provincial Commission for Discipline Inspection, with the approval of the Guizhou Provincial Party Committee, the Guizhou Provincial Commission for Discipline Inspection and Supervision conducted a case review and investigation on Yuan Jianlin, the former deputy director-level cadre of the Standing Committee of the People's Congress in Southwest Guizhou Province. Yuan Jianlin seriously violated the party's political discipline, integrity discipline and work discipline, constituted a serious duty violation and was suspected of accepting bribes, and did not converge or stop after the 18th National Congress of the Communist Party of China, which was serious in nature and had a bad influence and should be dealt with seriously. According to the Regulations on Disciplinary Actions in the Communist Party of China (CPC), the Supervision Law of People's Republic of China (PRC) and the Law on Administrative Actions of Public Officials in People's Republic of China (PRC) and other relevant regulations, Yuan Jianlin was decided to be expelled from the Party after being studied at the meeting of the Standing Committee of the Guizhou Provincial Commission for Discipline Inspection and reported to the Guizhou Provincial Party Committee for approval. The Guizhou Provincial Supervisory Committee gave him the punishment of dismissal from public office; Terminate the qualification of representatives of the Eighth Congress of Southwest Guizhou; Collect their illegal income; The suspected crime was transferred to the procuratorate for review and prosecution, and the property involved was transferred together.Xia Yiping's internal letter was alleged to have been copied from Weilai Li Bin. Xia Yiping, CEO of Jiyue, released an internal letter on the afternoon of 11th, acknowledging that the company was encountering difficulties and needed to adjust immediately. Some netizens pointed out that part of Xia Yiping's internal letter copied the internal letter of Weilai Li Bin in 2023. Xia Yiping's internal letter mentioned that the following four things must be done well in the new entrepreneurial period: 1. Adhere to the long-term investment in core technologies to maintain the leading edge; 2. Strengthen sales and service capacity building to cope with fierce market competition; 3. Merge departments and posts with duplicate functions and change inefficient internal workflow; 4. Reduce projects that cannot improve financial performance in the short term. In 2023, Li Bin's internal letter also mentioned: ensure long-term investment in core key technologies and maintain the leading edge of technology and products; Ensure that sales and service capabilities can cope with fierce market competition; Ensure that 9 core products of 3 brands are listed as scheduled; Organize efficiency improvement, merge redundant departments and posts, change inefficient internal workflow and division of labor, and cancel inefficient posts; Improve the efficiency of resources, postpone and reduce the project investment that can not improve the company's financial performance within 3 years. (Sina Technology)