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Chief Financial Officer of Citigroup: Facts have proved that the global economy is flexible.EUR/GBP fell 0.3% to 0.8249, the lowest point since March 2022.Repeated calls for performance compensation exceeding 500 million yuan failed. On December 10th, Runbang Co., Ltd. (002483.SZ, share price of 5.57 yuan, market value of 4.938 billion yuan) disclosed that the company recently filed a lawsuit with Wang Chunshan, a performance compensation obligor, to the Intermediate People's Court of Nantong City, Jiangsu Province, which was accepted. It is worth mentioning that Runbang shares received a letter of inquiry before, and the CSI Small and Medium Investor Service Center asked the company to explain what specific measures have been taken to solve the unfulfilled performance commitments in 2023 and the current progress, as well as the reasons why judicial measures have not been taken to recover. According to the announcement, on February 20, 2019, Runbang shares purchased 73.36% equity of Hubei CNPC Youyi Environmental Protection Technology Co., Ltd. (hereinafter referred to as "CNPC Environmental Protection") by way of issuing shares, with 990 million yuan in equity transfer price and 9 individuals and enterprises including Wang Chunshan as the counterparty. On the same day, Runbang Co., Ltd. and Wang Chunshan, the performance promise party, signed the Performance Compensation Agreement, and since then, both parties have successively signed two supplementary agreements. Wang Chunshan, as the performance promisor, promised that the net profit of the target company (whichever is lower before and after deducting the non-recurring gains and losses) under the consolidated income statement audited by an accounting firm entrusted by a listed company in compliance with the securities law from 2019 to 2023 should not be less than 130 million yuan, 50 million yuan, 160 million yuan, 190 million yuan and 218 million yuan respectively. (per meridian)

Trump suggested that Canada and Mexico become American states. According to a report by Tass news agency on December 10th, US President-elect Donald Trump suggested that Canada and Mexico become American states. According to reports, Trump said in an interview with NBC: "We provide more than 100 billion US dollars in subsidies to Canada every year. We have provided nearly $300 billion in subsidies to Mexico. Why should we subsidize these countries? If we want to subsidize them, let them (and us) become a country. " According to the report, on November 25, Trump threatened to impose a 25% tariff on imported goods from Canada and Mexico. According to a report on the website of The Wall Street Journal on December 10th, Canadian Prime Minister justin trudeau said on the 10th that if Trump keeps his promise to impose a 25% tariff on goods imported from Canada, Ottawa will also take tariff measures to fight back. Trudeau said at an event: "Of course, we will respond to unfair tariffs in many ways as we did eight years ago, and we are still studying the appropriate response." The Canadian leader said that there are signs that Americans are "beginning to realize that imposing tariffs on all goods imported from Canada will greatly push up the cost of living for Americans". (Reference message)Market news: Egypt calls for a comprehensive political process in Syria.CEO of Petrobras: The previous strategic plan did not perform well by about 30%.

China Mobile cooperated with Huawei to complete the first commercial deployment of 5G EasyMacro high-precision positioning for subway tunnels in China. On December 10th, according to Huawei's official news in China, in response to the requirements for positioning capability of communication industry in China's 14th Five-Year Plan, China Mobile Design Institute and Shanghai Mobile Company cooperated with Huawei to successfully realize the first commercial deployment of 5G EasyMacro (EM) high-precision positioning solution in Shanghai subway tunnel. As an important network capability in vertical industry, the successful deployment of 5G high-precision positioning in subway tunnel scene marks a major breakthrough in 5G private network positioning technology.Sharp and KDDI reached a consensus on starting the AI data center in 2025. On December 9, Sharp announced that it had reached a consensus with Japanese telecom giant KDDI, and strived to fully start the AI data center transformed from a factory in 2025. Including Datasection, which is engaged in system development and OEM, and Supermicro, USA, the negotiation between the four companies will be concluded. Four companies reached a consensus in June this year to coordinate the establishment of an operating company and the procurement of a graphics processor (GPU) for generative AI learning and inference.Without the government's approval, the South Korean National Assembly passed the budget reduction bill for next year. On the 10th, the South Korean National Assembly held a plenary meeting and adopted a cut version of the 2025 budget with a total amount of 673.3 trillion won (about 3.41 trillion yuan). According to Yonhap News Agency, this is the first time that the South Korean National Assembly passed the budget without agreement between the ruling party and the opposition party. In the 300-seat parliament, 278 members voted on the budget, 183 were in favor, 94 were against and 1 abstained. The ruling National Power Party and some opposition party members voted against it. This budget is one of the focal points of the recent struggle between the ruling and opposition parties in South Korea and one of the factors inducing the current political chaos. The original budget proposed by the government was 677.4 trillion won, but the largest opposition party, the Common Democratic Party, demanded a reduction of 4.1 trillion won, mainly involving the government reserve fund, the special activity expenses of the presidential secretary's office and the national security office, the special work expenses and special activity expenses of the procuratorate and the supervision institute. (Xinhua News Agency)