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Fed Chair nominee Wash: Still addressing the legacy issues of policy mistakes from 2021-2022.

Zhejiang Medicine announced that revenue in the first quarter of 2026 was 2.19B yuan, a year-over-year decrease of 2.86%; net profit was 287 million yuan, a year-over-year decrease of 29.84%.

According to Iranian media reports, the Iranian Revolutionary Guard Navy seized two container ships attempting to pass without authorization through the Strait of Hormuz: one related to Israel, and the other considered a threat to maritime security due to lack of permission. The two ships have been detained and guided to the Iranian coast. The Revolutionary Guard emphasized that order and security in the Strait of Hormuz are red lines, in response to Trump's claim that Iran has no navy.

Brent crude oil price rises above $96 per barrel, up 0.54% intraday.

Yalian Machinery Announcement, 2025 operating revenue of 801 million yuan, down 7.42% year-on-year. Net profit of 187 million yuan, up 20.93% year-on-year. The company's board of directors approved the profit distribution plan as follows: based on the current total share capital of 87.24 million shares, distribute a cash dividend of 10 yuan (tax included) for every 10 shares to all shareholders, with 0 bonus shares (tax included), and transfer 3 shares for every 10 shares from capital reserve to all shareholders.

The Nasdaq Composite Index's gains expanded, now up 0.5%, latest at 24,525.45 points, hitting a new all-time high during the session. The Dow Jones Industrial Average rose 0.60%, to 49,739.98 points; the S&P 500 Index increased 0.35%, to 7,133.95 points.

Weifeng Electronics Announcement: In 2025, operating revenue is 713 million yuan, a year-on-year increase of 33.46%. Net profit is 98.8292 million yuan, a year-on-year increase of 15.64%. The company's profit distribution plan approved by this board of directors is as follows: based on 110 million shares, distribute a cash dividend of 3 yuan (tax included) for every 10 shares to all shareholders, issue 0.00 bonus shares (tax included), and transfer 4.5 shares for every 10 shares from capital reserve to all shareholders.

Huaxi Nonferrous Metals announces that the revenue for the first quarter was 1.16B yuan, a decrease of 7.01% year-on-year; net profit was 182 million yuan, an increase of 18.54% year-on-year.

Huaxi Nonferrous Metals’ announcement: In 2025, operating revenue will be 5.803 billion yuan, a year-on-year increase of 25.31%; net profit will be 801 million yuan, a year-on-year increase of 21.75%. The profit distribution proposal for 2025 approved by the company’s board of directors is as follows: based on the company’s total share capital of 633 million shares as of April 21, 2026, a cash dividend of 3.9 yuan (including tax) will be paid to all shareholders for every 10 shares; no bonus shares will be issued, and no conversion of capital reserve into share capital will be carried out.

Science and Technology Innovation Announcement: In Q1 2026, operating revenue was 1.44 billion yuan, a year-over-year decrease of 9.26%. Net profit was 2312.77 million yuan, a year-over-year decrease of 28.84%.

Recently, there have been reports that KFC will no longer offer sweet and sour sauce and spicy sweet sauce for free beyond the standard product package.
On April 21, a reporter learned from KFC stores that the free "square sauce" will be provided as part of the standard product package, and any additional portions will generally need to be paid for according to regulations.
However, consumers can also reasonably request extra free sauces by explaining at the store or noting in delivery orders, and stores will provide them at their discretion.
Meanwhile, the "round sauce" displayed on the KFC mini-program page has always been a paid product, priced at 1.2 yuan each.
This sauce charging measure is mainly to prevent food waste. (The Paper News)

Tenda Technology announces that the revenue for the first quarter of 2026 was 486 million yuan, a year-on-year increase of 20.43%; net profit was 18.7405 million yuan, a year-on-year increase of 7.28%.

Ke Chuang Xin Cai Announcement: revenue in the first quarter was 29.02,56 million yuan, a year-over-year increase of 70.51%; net profit was 5.23,31 million yuan, a year-over-year increase of 132.77%.

China Electric Xinlong announces that in the first quarter of 2026, operating revenue was 413 million yuan, a year-on-year decrease of 13.32%. Net profit was 42.95M yuan, a year-on-year increase of 1.73%.

Shengbang Co., Ltd. Announcement, Q1 2026 Operating Revenue: 97.98M yuan, down 8.13% year-over-year. Net profit: 19.13M yuan, down 23.05% year-over-year.

Tianwei Video announced that its wholly-owned subsidiary, Shenzhen Radio and Television Network Co., Ltd., intends to acquire a 49% stake in Shenzhen Chengtai Media Co., Ltd., held by Shenzhen Zhenhua High-tech Electronics Co., Ltd., at a transaction price of 11.76 million yuan. This transaction does not constitute an associated transaction, nor does it constitute a major asset restructuring as defined by the Administrative Measures for Major Asset Restructuring of Listed Companies. After the transaction is completed, the equity structure of Chengtai Media will change to 100% ownership by Shenzhen Radio and Television Network Co., Ltd.

Zhongchong Co., Ltd. announced that the revenue for the first quarter of 2026 was 1.53B yuan, a year-on-year increase of 39.23%; net profit was 73.1085 million yuan, a year-on-year decrease of 19.80%.

Xie Feng emphasized in his keynote speech at the Philadelphia Global Business Forum that China-U.S. economic, trade, and technological cooperation should return to common sense and rationality, advocating avoiding generalization and speculation under the premise of safeguarding national security, promoting mutual benefit and win-win through market rules, breaking the "cold cicada" effect, and enhancing cooperation effectiveness. He called for establishing correct perceptions, being partners rather than opponents, and promoting fair competition and mutual achievement. The forum attracted nearly 500 business representatives from over 50 countries.

President of the United Nations General Assembly, Annalena Berbock, announced the start of the interactive dialogue phase for the Secretary-General candidate selection, emphasizing that this round of selection relates to the future of the United Nations and global governance, and aims to make the process more transparent and inclusive. She pointed out that the selection has a broad impact, extending beyond the headquarters; the final candidate will determine the direction of global multilateral institutions and test whether the United Nations truly represents the more than 8 billion people worldwide, especially women and girls.

Pakistani Deputy Prime Minister and Foreign Minister Dar 21st met with the U.S. Chargé d'Affaires in Pakistan, urging the United States and Iran to consider extending the ceasefire to provide opportunities for dialogue and diplomatic efforts. ( Xinhua News Agency )