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The China Securities Regulatory Commission makes a major announcement: China's first administrative regulation on listed company supervision is here!

The China Securities Regulatory Commission makes a major announcement: China's first administrative regulation on listed company supervision is here!

On December 5, the China Securities Regulatory Commission (CSRC) released the "Regulations on the Supervision and Administration of Listed Companies (Draft for Public Comments)" (hereinafter referred to as the "Regulations"), marking the arrival of China's first administrative regulation specifically for the supervision of listed
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Behind Trillions of Token Interactions Worldwide: Open-Source Models Move from "Dominance by One" to "Multipolar Competition," with Chinese AI Breaking into the Top Tier

Behind Trillions of Token Interactions Worldwide: Open-Source Models Move from "Dominance by One" to "Multipolar Competition," with Chinese AI Breaking into the Top Tier

``` Empirical research based on over 100 trillion tokens on the OpenRouter platform shows that the large language model market is undergoing a profound transformation. The share of open-source models has risen to 33%, completely breaking the monopoly of closed-source models. The market landscape has shifted from the dominance of DeepSeek
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