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Korean media: The director of the South Korean Police Department who was arrested in an emergency for "civil strife" was sent to the hospital due to the deterioration of his health. According to Yonhap News Agency's latest news from the police on the 12th, Zhao Zhihao, the director of the South Korean Police Department who was arrested in an emergency on suspicion of "civil strife" in the early morning of the 11th, has been sent to the hospital for treatment due to the deterioration of his health. (World Wide Web)ByteDance and Peking University set up the Joint Lab of Bean Bag Large Model System Software. On the evening of December 12th, the signing ceremony of Peking University-ByteDance Joint Lab of Bean Bag Large Model System Software and the academic seminar of "Intelligent Software Technology and Ecology for Large Model" were held in Yingjie Exchange Center, Peking University. Experts attending the meeting agreed that it is of great significance to promote the deep integration of Industry-University-Research to promote the breakthrough of core technologies of artificial intelligence. The establishment of this joint laboratory is an important milestone in collaborative innovation between schools and enterprises, and will jointly promote the technological innovation and application development of large-scale model system software based on the advantages of both parties. (Sina Technology)The main fuel contract rose by 6.00% in the day and is now reported at 3249.00 yuan/ton.

After the European Central Bank decided not to interest rates, the yield of euro zone government bonds changed little; The yield of German 10-year government bonds rose by 1 basis point to 2.14%.Weilai Li Bin: Fang Hongbo, chairman of Midea, became the chief experience officer of Weilai ET9, and will test drive together. Li Bin, founder, chairman and CEO of Weilai, released Weibo on December 12th, saying that Fang Hongbo, chairman of Midea, became the chief experience officer of Weilai ET9, and will test drive this upcoming administrative flagship together. Li Bin said that he asked Fang Hongbo three questions, and Fang Hongbo's answer about market competition was very good: "Actively participate in involution, compare cost and efficiency, and at the same time bravely jump out of involution, don't roll on the floor, and pierce the ceiling."The European Central Bank cut interest rates by 25 basis points, warning that economic growth will slow down. The European Central Bank cut interest rates by 25 basis points to 3%, and warned that economic growth will be weaker than its previous forecast. This is the fourth time that the European Central Bank has cut interest rates since June, bringing the benchmark interest rate to its lowest level since March 2023. At the same time, the European Central Bank warned that the euro zone economy will only grow by 1.1% in 2025, lower than its forecast of 1.3% in September. It was widely expected that the European Central Bank would cut interest rates. Investors expect that the European Central Bank will cut interest rates more than the Federal Reserve next year, because it is widely expected that the economic growth of the euro zone will lag behind that of the United States. The euro zone's export-dependent economy is also vulnerable to Trump's threat to impose tariffs of up to 20% on all American imports.

Western Securities and others set up a parent fund management partnership with a capital contribution of 2 billion yuan. According to Tianyancha APP, recently, Xiaogan Xizheng Gaochuang Industrial Investment Parent Fund Management Partnership (Limited Partnership) was established with a capital contribution of 2 billion yuan. Its business scope includes: private equity investment fund management, venture capital fund management services, etc. Tianyancha's equity penetration shows that the enterprise is jointly held by Western Advantage Capital Investment Co., Ltd., a wholly-owned subsidiary of Western Securities, and Xiaogan Gaochuang Investment Co., Ltd.The Nikkei 225 index closed up 1.21% at 39,849.14.ECB: Most indicators show that the inflation rate will stabilize at 2%.