[Morning News Selection on August 27] 1. The spokesperson of the Ministry of Foreign Affairs announced that President Xi Jinping will attend the 2026 Shanghai Cooperation Organization Summit in Bishkek from August 30 to September 3, and will pay state visits to the two countries at the invitation of Kyrgyz President Zhaparov and Egyptian President Sisi. 2. The General Office of the Shanghai Municipal People’s Government issued the “15th Five-Year Plan for the Development of Strategic Emerging Industries in Shanghai”. It mentioned that the construction of a comparative test demonstration base for multiple technology routes such as solid-state batteries will be promoted, and the layout of 10,000-kilowatt-level independent energy storage demonstration power stations; the energy level of the integrated circuit industry will be further comprehensively improved, and high-end chip research and development and industrialization will be accelerated; the cultivation and development of innovative drugs with significant intellectual property value will be accelerated, an innovative drug discovery and selection mechanism will be established, and AI models will be strengthened to assist in predicting clinical success rates. 3. Nvidia’s Q2 revenue in fiscal year 2027 is US$96.2 billion, a year-on-year increase of 106%; Q2 adjusted earnings per share is US$2.22, a year-on-year increase of 120%; Q3 revenue is expected to be US$108 billion, ±2%, and the market estimate is US$105.15 billion. NVIDIA's chief financial officer said revenue in fiscal 2028 will grow by about 70%, compared with the market's previous estimate of 45%. Nvidia shares rose more than 5% after the bell. 4. According to data from the Ministry of Finance, in July, a total of 87.571 billion yuan in lottery tickets were sold across the country, an increase of 35.622 billion yuan or 68.6% year-on-year. This was mainly due to the rapid growth in sales of guess-type lottery tickets during the Football World Cup. 5. Jiangsu Province issued the "Three-Year Action Plan for Promoting High-Quality Development of the Biopharmaceutical Industry in Jiangsu Province". It points out that artificial intelligence-driven R&D innovation will be supported. Support leading pharmaceutical companies in cooperating with artificial intelligence companies and universities to proactively lay out key areas such as basic models and artificial intelligence models for drug R&D and design. 6. MiniMax disclosed at the 2026 interim results meeting on the evening of August 26 that the company’s annual recurring revenue (ARR) in August has exceeded US$800 million. Revenue in the second quarter has increased by 81.8% compared with the first quarter. Token consumption in July has reached 20 times that in January. The contribution of B-side business to the overall ARR has exceeded 80%. 7. The Ganxiawo Lithium Mine is the largest proven lepidolite mine in the world. Since its suspension of production in August last year, its resumption of production has attracted much attention. When asked about the next plan for the Ganxiawo Mine, a person close to CATL responded to reporters that they would cooperate with government departments in their approval arrangements. 8. The Shanghai Stock Exchange has added Zhongji InnoLight to the Hong Kong Stock Connect under the Shanghai-Hong Kong Stock Connect, effective today. Lianxun Instrument announced that its net profit for the first half of 2026 was 567 million yuan, a year-on-year increase of 903%, and it planned to convert 10 shares into 4.8 shares. Tongguan Copper Foil announced that its net profit for the first half of 2026 was 215 million yuan, a year-on-year increase of 515%. Gree Electric announced that its net profit in the first half of the year was 13.278 billion yuan, a year-on-year decrease of 7.87%. 9. Hengtong Optoelectronics released its semi-annual report. The net profit in the first half of the year was 3.12 billion yuan, a year-on-year increase of 93.38%. The semi-annual report shows that Zhang Jianping has become the fifth largest shareholder. 10. Yili Co., Ltd. announced that its net profit for the first half of 2026 was 5.759 billion yuan, a year-on-year decrease of 20.02%. The company announced on the same day that it planned to repurchase shares for cancellation at a cost of 1 billion to 2 billion yuan. Yanghe Co., Ltd. announced that its net profit for the first half of 2026 was 2.602 billion yuan, a year-on-year decrease of 40.1%. 11. Huahong Grace announced that its net profit in the first half of the year was 399 million yuan, a year-on-year increase of 437%. Frequency Quan Laser announced that its net profit in the first half of the year was 88.3357 million yuan, a year-on-year increase of 24.58%. 12. Haoersai announced that it plans to acquire no less than 51% of the equity of New Energy. Leon Micro announced that it plans to invest approximately 3 billion yuan to build a 12-inch semiconductor silicon wafer project. Dapu Micro announced that it has signed an enterprise-level PCIe SSD sales order of approximately 3.491 billion yuan. 13. The three major U.S. stock indexes closed slightly lower, with the Dow Jones Industrial Average falling 0.21%, the Nasdaq Composite Index falling 0.08%, and the S&P 500 Index falling 0.02%. 14. The core personal consumption expenditures price index of the United States in July increased by 0.2% month-on-month, with an estimate of 0.2% and the previous value of 0.1%. The U.S. core PCE increased by 3.3% year-on-year in July, which was expected to be 3.3% and the previous value was 3.3%. 15. U.S. President Trump said in an interview that he had “no timetable and no rush” as to when Iran would return to the negotiating table. 16. Apple is scheduled to hold a new product launch conference on September 9. This September conference is particularly critical for Apple because the company will launch its first foldable screen iPhone. 17. Anthropic agreed to spend $45 billion to lease AI computing power from Nscale’s main data center project in West Virginia. 18. Samsung Electronics and SK Hynix plan to increase the supply of 8-layer HBM4 memory to Nvidia in the second half of this year. It is understood that 8-layer memory is very likely to become the flagship product of the next generation HBM4E.