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Today, the China 5G Development Conference opened in Shanghai. According to the report of Global System for Mobile Communications, the mobile ecosystem represented by 5G in China created about 8 million jobs in 2023. According to the calculation of China Information and Communication Research Institute, 5G commercialization has directly driven the total economic output of about 5.6 trillion yuan and indirectly driven about 14 trillion yuan in the past five years.Luxshare is a manufacturer of RF components. The multiple RF modules launched on the 5G base station can support higher working frequency and wider spectrum range. The RF module applied to 5G mobile phones can provide faster data transmission speed and more stable signal strength. At present, the company has released the annual performance forecast for 2024, with a slight increase in performance. The predicted net profit is about 13.143 billion yuan to 13.691 billion yuan, which is about 20% to 25% higher than the same period last year.Today, the China 5G Development Conference opened in Shanghai. According to the report of Global System for Mobile Communications, the mobile ecosystem represented by 5G in China created about 8 million jobs in 2023. According to the calculation of China Information and Communication Research Institute, 5G commercialization has directly driven the total economic output of about 5.6 trillion yuan and indirectly driven about 14 trillion yuan in the past five years.

Institutions predict that high-growth stocks will be released.Today, the Ministry of Human Resources and Social Security, the General Administration of Financial Supervision and other departments issued the Notice on the Full Implementation of the Individual Pension System (hereinafter referred to as the "Notice"). Since December 15th, workers who have participated in the basic old-age insurance for urban workers or the basic old-age insurance for urban and rural residents in China can participate in the individual pension system. The scope of implementation of preferential tax policies has been expanded from 36 leading cities (regions) to the whole country.Among the first batch of 85 equity index funds, there are 78 products that track various broad-based indices and 7 products that track dividend indices, including ordinary index funds such as Shanghai and Shenzhen 300 Index, China Securities A500 Index and Growth Enterprise Market Index, index enhancement funds and ETF linked funds. Special shares are added to related products, and preferential arrangements for management fees and custody fees are implemented.

The total economic output effect is obvious.Zhang Yunming, member of the Party Group and Vice Minister of the Ministry of Industry and Information Technology, said that by the end of October 2024, the total number of 5G base stations in China had reached 4.141 million, and the number of 5G base stations per 10,000 people had reached 29, fulfilling the "14 th Five-Year Plan" development goal ahead of schedule.At present, Public Offering of Fund industries have been entrusted to manage all kinds of pension assets exceeding 6 trillion yuan, accounting for more than 50% of the entrusted investment scale of China's pension. According to the latest data, the number of individual pension accounts in China has exceeded 70 million, and the number of products available for investment has exceeded 800.