On December 13, Gelonghui reported that Morgan Stanley published a research report indicating that Jiangxi Province announced a subsidy of 15% of the final Fill Price for personal Consumers purchasing Smart Phones and tablets from participating merchants, with each subsidy not exceeding 1000 yuan. The report noted that Jiangxi is the third province in mainland China to announce such a policy, and it is believed that other provinces may follow suit. Morgan Stanley stated that the subsidy policy will serve as a short-term Bullish catalyst for Smart Phone OEM production and the supply chain, expecting that Xiaomi, SUNNY OPTICAL, AAC TECH, BYD Electronics, and Q TECH will be the main beneficiaries.