Category: Flash News

On the evening of March 15th, Langsha Co., Ltd. announced that it had received a regulatory work letter from the Shanghai Stock Exchange. Today, some media reported that the company’s disposable underwear products have quality and safety issues, and the related issues have received high market attention. The Shanghai Stock Exchange requires the company to verify the relevant situation, fully explain whether there are any media reports on the situation, and whether the relevant facts involve illegal or irregular information disclosure. The market and investors have a high level of attention to the relevant reports. The Shanghai Stock Exchange requires the company to respond promptly to market doubts and investor concerns, do a good job in communicating and explaining to investors, verify the relevant situation as soon as possible, and fulfill its information disclosure obligations as required. Langsha stated that after receiving the regulatory work letter, the company attaches great importance to it and is actively cooperating with the local market supervision department to verify relevant matters.

On March 15th, the joint working group of Shangqiu City reported that on March 15th, the CCTV “3.15” evening party exposed the problem of disposable underwear produced by enterprises such as Shangqiu Mengyang Clothing Co., Ltd. not being sterilized. A joint working group was established by the market supervision, health and other departments of Shangqiu City, and they immediately rushed to the scene to seal the involved enterprises. All finished products, semi-finished products and raw materials were sealed on site, and the next step will be to investigate and deal with them seriously in accordance with the law and regulations.

On March 15th, US President Trump signed an executive order aimed at weakening the parent agency of the government funded media organization Voice of America and six other federal agencies, as the latest move by the government to reduce bureaucracy. These institutions include one that provides funding support for museums and libraries, as well as one that specializes in addressing homelessness issues. The order requires these institutions to reduce their operations to the minimum required by law.

On March 15th, the “Woodpecker” was exposed by CCTV for high priced maintenance chaos. Law enforcement officers from the Chongqing Market Supervision Administration Law Enforcement Corps, together with law enforcement officers from the Liangjiang New Area Market Supervision Bureau, have arrived at the Woodpecker’s home maintenance office and are currently conducting investigations and law enforcement. (Pengpai News)

On March 15th, 2025, the CCTV 3.15 Evening Gala exposed the situation of illegal high interest loans being matched by the “Loan Treasure” electronic signature platform, encouraging illegal high interest loan lenders to evade supervision. In response, the relevant person in charge of Jiedianbao stated that the company attaches great importance to the issues mentioned in the CCTV “3.15” evening report, and immediately established a rectification team to thoroughly solve the problems in business and management. The company will continue to actively cooperate with the police to crack down on illegal elements, better protect the rights and interests of users, and earnestly request supervision from all sectors of society. The company sincerely apologizes to all affected users and the public, and will implement rectification with the utmost determination. (Beike Finance)

The reporter from the Science and Technology Innovation Board Daily noticed that in the security and reliability evaluation results announced by the China Information Security Evaluation Center, Huawei HiSilicon Kirin X90 CPU chip has obtained Level II certification for security and reliability evaluation, and may be used for PC processors. (Reporter Huang Xinyi)

On March 15th, CCTV’s 3.15 Evening Gala exposed AI outbound robots as accomplices to harassing phone calls, and Shanghai Zhiyouqing Network Technology Co., Ltd. was named. According to Tianyan’s App search, Shanghai Zhiyouqing Network Technology Co., Ltd. was founded in September 2021, with Zhang Xiufang as its legal representative and a registered capital of 1 million yuan. Its business scope includes Internet sales, professional design services, graphic design, etc., and is jointly held by Tian Hang and Liu Wentao. The information on the number of insured persons shows that the company will have 2 insured persons in 2023. According to intellectual property information, the company has registered on zhiyq.cn and zuzn.cc websites. According to the company’s official website, its products have been applied in over 30000 projects across more than a hundred industries.

On March 15th, CCTV’s 3.15 Evening Gala exposed that “Liangshan Xixi Paper Products Co., Ltd.” located in Liangshan County, Jining City, Shandong Province, is selling inferior sanitary napkins and baby diapers in large quantities. That evening, relevant staff from the Market Supervision and Administration Bureau of Liangshan County, Jining City, told reporters that they had gone to the scene to investigate together with the local public security bureau. (China News Service)

On March 15th, 2025, the CCTV 3.15 Evening Gala exposed the chaotic situation of high priced repairs by merchants on the Woodpecker platform. In response, the Woodpecker official stated that the company’s management is very concerned about such issues and has a strict complaint process for repair technicians. They have established a three-level complaint mechanism of “customer service registration – dedicated personnel follow-up – verification and punishment” and promised to respond within 48 hours. If confirmed to be true, strict punishment will be imposed on the technicians. (Nine Faction News)

The United Nations Conference on Trade and Development (UNCTAD) released a report on the 14th showing that global trade reached a new high of $33 trillion in 2024, an increase of 3.7% compared to 2023, but the momentum of trade growth slowed down in the second half of 2024. The report states that global trade growth in 2024 will mainly be driven by the service industry. In the past year, the service industry grew by 9%, accounting for nearly 60% of the total growth, while goods trade grew by 2%. The report emphasizes that the global trade outlook in 2025 is facing uncertainty. Although trade remained stable at the beginning of the year, increasing geopolitical and economic tensions, protectionist policies, and trade disputes may disrupt trade in the future. Balanced policies and strengthened multilateral cooperation should be implemented to promote global trade and economic growth.