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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)Xia Yiping, CEO of Extreme Vietnam, was surrounded by employees of Extreme Vietnam in the Shanghai office. On December 12th, Xia Yiping, CEO of Extreme Vietnam, was surrounded by employees of Extreme Vietnam in the Shanghai office. Xia Yiping said: "We are actively solving the problem. I hope everyone will give some time." At present, there are relevant departments at the Shanghai headquarters of Extreme Vietnam to maintain order at the scene. (per meridian)Prime Minister of Thailand: The third phase of relief funds will be distributed next year.

Foreign media survey: the Korean economy is expected to grow by 1.7% in the fourth quarter of 2024, compared with the previous estimate of 1.8%; In the first quarter of 2025, GDP is expected to increase by 1% year-on-year, compared with the previous estimate of 1.1%.Trader: The Indian central bank is suspected of selling dollars near the level of 84.86 against Indian Rupee.Zuckerberg is reported to have donated $1 million to Trump's inauguration fund. Zuckerberg's donation is the latest move to strengthen relations with Trump.

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%.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.CICC and others set up a venture capital partnership in Xiamen. According to the enterprise search APP, Zhongjin Qiyuan Phase II (Xiamen) Venture Capital Partnership (Limited Partnership) was recently established with a capital contribution of 400 million yuan. Its business scope includes: engaging in equity investment, investment management, asset management and other activities with private equity funds. Enterprise investigation shows that the company is jointly held by CICC Capital Operation Co., Ltd., a wholly-owned subsidiary of CICC.