JP MORGAN EXPECTS BOE TO HIKE INTEREST RATES BY 25 BPS EACH IN APRIL AND JULY 2026 VS PRIOR FORECAST TO HOLD RATES THROUGHOUT THIS YEAR JP MORGAN: WE ARE PUTTING TWO CUTS IN THE FORECAST, BUT NOT UNTIL 2Q AND 4Q OF 2027 JP MORGAN: WE EXPECT INFLATI

IRAN SAID TO STICK TO HARDLINE POSITION ON STRAIT OF HORMUZ IRAN UNWILLING TO DISCUSS HORMUZ WHILE UNDER ATTACK: OFFICIAL OFFICIAL BRIEFED ON PRIVATE TALKS COMMENTS ON IRANIAN POSITION

Key News 1. Both the one-year and five-year LPRs remain unchanged. 2. Zhuochuang Information: Domestic 92# gasoline prices may rise across the board to the "9 yuan era". 3. Tesla plans to purchase Chinese photovoltaic equipment? Company responds: This is indeed the case. 4. Speculative capital's "presence" fades, all because it can't beat quantitative trading? Industry insiders: Quantitative trading has dominated the market's "micro-pricing power". 5. A symposium on two mandatory national standards, including "Safety Requirements for Photovoltaic Modules", was held in Beijing. Individual Stock News 1. Data on main force capital flow shows that Zhongji Xuchuang had the largest net inflow of main force capital at 2.363 billion yuan, followed by Sungrow Power, Xin Yisheng, Jiejia Weichuang, and Guangku Technology; East Money had the largest net outflow of main force capital at 1.755 billion yuan, followed by Deye Shares, China Energy Engineering, China Shipbuilding, and Zijin Mining. 2. China North Industries Group Red Arrow: The company's diamond heat sinks have achieved small-batch production, with significant improvements in heat dissipation performance. 3. Zhangyuan Tungsten raises its long-term contract purchase price for the second half of March. 4. Sinopec completes a polymer solid-state battery microgrid demonstration project. 5. Vanchip invests strategically in Youzhilian, expanding into the UWB sensing integration field. 6. Aerospace Hongtu signs a joint venture agreement with Malaysia's KAYAN Group to cooperate in satellite manufacturing, satellite communications, and other fields. 7. FAW Group publishes a patent for a humanoid robot that can improve the robot's adaptability to internal disturbances. 8. Xingwang Yuda: Receives regulatory letter for incorrect reporting of investment income. 9. Wanfeng Auto Wheel: Some of the company's eVTOL models are still undergoing type certificate (TC) airworthiness certification, and the company is striving for commercialization as soon as possible.