In the afternoon, the media Sector collectively strengthened, with Guangdong Guangzhou Daily Media achieving 4 days of 3 boards, Jishi Media returning to the limit-up, and Shanghai Xinhua Media, DuZhe Publishing&Media, Shandong Publishing&Media, China South Publishing & Media Group, and others following suit. On the news front, on December 11, the Ministry of Finance, the State Administration of Taxation, and the Central Publicity Department issued a notice regarding the tax policy for transforming operational cultural institutions into enterprises during the cultural system reform. The notice states that operational cultural institutions (engaged in news publishing, Broadcasting, film and television, and cultural arts) that transform into enterprises before December 31, 2022, will be exempt from corporate income tax from the date of transformation registration until December 31, 2027.