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Huachuang Securities: It was first rated as "recommended" by Zangge Mining, with a target price of 33.3 yuan. Huachuang Securities Research Report pointed out that Zangge Mining (000408.SZ) is an important producer of potassium lithium salt and copper in China, with a high dividend return to shareholders. The company actively arranges high-quality potash resources at home and abroad: three major projects, namely, Heibei potash mine in Dalangtan, Alkali-Shishan potash mine and the eastern part of deep brine potash mine in Xiaoliangshan-Dafengshan area, are steadily promoted in China, with a total exploration right of 1,400 square kilometers; Overseas has signed a potash exploration agreement with Laos. At present, the exploration report and potash mine reserve certificate have been obtained. It is estimated that the total amount of potassium chloride resources in Setani County and Ba 'e County is 984 million tons. It is estimated that the output of the first phase of potassium chloride project will be 1 million tons/year, and the scale of potassium chloride production is expected to double in the future. The company is an important manufacturer of potassium and lithium in China, and Julong Copper is expected to inject strong kinetic energy into the company's growth. Considering that Mamicho Mining has not been consolidated at present, it is estimated that the company will realize a net profit of 25.0/27.7/4.29 billion yuan in 24-26 years, which is -27%, +11% and +54.9% respectively. In 2025, it can be compared with the company's average valuation of 19 times, giving the company a valuation of 19 times in 2025, corresponding to the target price of 33.3 yuan, covering for the first time and giving a "recommended" rating.The Korea Composite Index closed up 1.60%.Xiaomi Jingming's business scope has added sports event planning business. Tianyancha App shows that recently, Xiaomi Jingming Technology Co., Ltd. has undergone industrial and commercial changes, and its business scope has added business training, sports event planning and sports competition organization. Xiaomi Jingming Technology Co., Ltd. was established in July 2023. The legal representative is Liu Lingdi, with a registered capital of 100 million RMB, which is wholly owned by Xiaomi Intelligent Technology Co., Ltd.

In the first ten months, Jiangsu's ship exports exceeded 60%, ranking first in the country. According to Nanjing Customs statistics, from January to October this year, Jiangsu exported 85.84 billion yuan of all kinds of ships, ranking first in the country in terms of export scale, with a year-on-year increase of 63.2%. The exports of three main ship types, namely, tankers, container ships and bulk carriers, increased by 179.5%, 91% and 16.2% respectively.The European Central Bank gave up the idea of keeping interest rates "restrictive".The tank 500Hi4-Z started the pre-sale. Recently, the tank 500Hi4-Z officially started the pre-sale with a pre-sale price of 379,800 yuan. Different from the products released by tanks before, 500Hi4-Z belongs to the first pan-off-road product of tank brand, which is positioned in medium and large luxury electric hybrid SUV.

South Korea's finance ministers and Japan's finance ministers held an online meeting, and the two sides reiterated the importance of the partnership between the two countries.Traders' interest rate expectations for the European Central Bank remain stable: it is expected to cut interest rates by 127 basis points in 2025.Volkswagen's board of directors tends not to close large German factories, and Volkswagen's board of supervisors tends not to close large German factories to cope with the cost crisis of the automaker, but no final agreement has been reached. It is reported that members of the board of directors discussed stopping the production of the Dresden factory and selling the Osnabrü ck factory.