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Japan's housing prices exceed the annual income by 10 times and Tokyo's by 18 times. According to the Nikkei News, in Japan, the price of new residential buildings has risen faster than the increase of wages, making it increasingly difficult for the actual demand class to afford. As an investment target, the popularity is deeply rooted, and developers also supply a large number of houses with over 100 million yen. Especially in Tokyo, the average price is 18 times of the annual income, and it is becoming a market that ignores the actual demand level. According to the prefectures and counties in Japan, the highest ratio of house price to income is 17.78 times that of Tokyo. The average annual income is 5.92 million yen, and the price of residential buildings reaches 105.26 million yen.NASA: Navigation failure caused the mission of the "Wit" Mars helicopter to end. NASA said on December 11 that the investigation and evaluation of the "Wit" Mars helicopter showed that the navigation system failure was the cause of the rotor damage and the end of the mission during its landing. The "Wit" helicopter landed on Mars with the American "Perseverance" rover on February 18th, 2021. It weighs about 1.8 kilograms, has four rotors, and is powered by solar panels for lithium batteries. On April 19th of the same year, Wit completed its first flight on Mars. On January 18th this year, Wit made its 72nd and last flight to Mars. Because its rotor blades were damaged during the landing, it could not fly again, and NASA announced the end of its mission. On the 11th, NASA announced the investigation results of the last flight of Wit. The evaluation shows that the navigation system of "Wit" can't provide accurate data during its flight, causing a series of failures, leading to the end of its mission. (Xinhua News Agency)Sumeida: The first batch of production equipment was shipped out of Malaysia's sunscreen series products project. According to Sumeida, in the fourth quarter of 2024, Sumeida went all out to sprint the annual target and task, and the project of Malaysia's sunscreen series products with an annual output of 10,000 tons cooperated with Nanjing Kesi Chemical Co., Ltd. realized the first batch of production equipment delivery, adding more help to escort domestic customers to the sea. The equipment shipped this time includes storage tanks, reaction vessels, distillation columns, dryers, etc. The total cargo volume is estimated to be nearly 80,000 cubic meters, which will be used for the production of various sunscreens in customers' factories in Malaysia. In recent years, technology companies have kept up with the upsurge of enterprises going to sea in China, and are committed to providing comprehensive service solutions for Chinese enterprises going to sea. In the first three quarters of this year, the cumulative amount of mechanical and electrical equipment shipped by technology companies increased by 363% year-on-year.

Mei Ansen signed a strategic cooperation agreement with Shuguang Network Technology Co., Ltd. According to Mei Ansen, recently, Mei Ansen and Shuguang Network Technology Co., Ltd. held a strategic cooperation signing ceremony in Chongqing. The two sides reached a strategic cooperation to jointly build smart mine bases and comprehensive solutions. Shuguang Network Technology Co., Ltd. is a holding subsidiary of Zhongke Shuguang (603019).Trader: The Indian central bank is suspected of selling dollars near the level of 84.86 against Indian Rupee.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.

Institution: The battery price stabilized in November, and it is expected to rise slightly in 2025. On December 12, according to the latest research of TrendForce Jibang Consulting, in November 2024, the sales of electric vehicles in China continued to increase, which boosted the demand for power batteries, and the price of Ferrous lithium phosphate batteries remained stable, while the ternary batteries declined slightly. The demand for batteries in the energy storage market maintained the peak season characteristics, and with the price advantage of large-capacity batteries, the proportion of shipments increased. However, the average price of energy storage batteries continued to decline in November due to the slowdown in demand for orders at the end of the year. The agency expects that the price of some lithium battery materials may rise slightly in the peak season of 2025, which is expected to repair the serious losses of the company in the early stage. However, due to the fact that the relationship between supply and demand has not changed from surplus to shortage, the expected increase in material prices is limited, and battery manufacturers actively control costs, the battery price trend will be stable next year.The personal pension system with national debt and index funds included in the product range was implemented nationwide on 15th, and the Ministry of Human Resources and Social Security, the Ministry of Finance, State Taxation Administration of The People's Republic of China, the General Administration of Financial Supervision and the China Securities Regulatory Commission issued the Notice on the Full Implementation of the Personal Pension System. The Notice makes it clear that from December 15th, 2024, all workers who participate in the basic old-age insurance for urban workers or urban and rural residents in China can participate in the personal pension system. The Circular stipulates that on the basis of existing wealth management products, savings deposits, commercial old-age insurance and Public Offering of Fund products, national debt, specific old-age savings and index funds will be included in the scope of personal pension products. Encourage financial institutions to research and develop financial products such as personal pension savings, medium and low volatility or absolute income strategic fund products that meet the long-term pension needs, and reasonably determine the term and interest rate of personal pension savings. Financial institutions should do a good job in publicizing the asset allocation of personal pension products, carry out investment consulting services according to laws and regulations, and explore the default investment services. Strengthen the protection of financial consumers and investors, and guarantee the participants' right to know and choose independently.Openai: the downtime failures of API, CHATGPT and SORA have been basically fixed. We are monitoring the situation to ensure that the downtime is fully resolved.