Core Viewpoint - A new individual business entity named Erdos Dongsheng District Zeyi Chemical Products Sales Center has been established, focusing on the sale of chemical products and related services [1] Company Summary - The legal representative of the newly established business is Yang Le [1] - The registered capital of the business is 10,000 RMB [1] - The business scope includes general projects such as chemical product sales (excluding licensed chemical products), information consulting services (excluding licensed information consulting services), sales agency, daily necessities sales, and fertilizer sales [1] - The business is authorized to operate independently based on its business license, except for projects that require approval [1]

Core Insights - The steel raw materials sector experienced a 0.76% increase on October 23, with Jinling Mining leading the gains [1] - The Shanghai Composite Index closed at 3922.41, up 0.22%, while the Shenzhen Component Index closed at 13025.45, also up 0.22% [1] Sector Performance - Jinling Mining (000655) closed at 10.50, up 7.58% with a trading volume of 732,700 shares and a transaction value of 767.1 million [1] - Dazhong Mining (001203) closed at 13.84, up 3.05% with a trading volume of 297,600 shares and a transaction value of 413 million [1] - Other notable performers include: - Ordos (600295) at 10.38, up 0.87% - Hebei Steel Resources (000923) at 18.15, up 0.78% - Steel Titanium Co. (000629) at 2.98, up 0.68% [1] Capital Flow - The steel raw materials sector saw a net inflow of 80.64 million from institutional investors, while retail investors experienced a net outflow of 99.65 million [1] - The capital flow for key stocks includes: - Jinling Mining: 1.46 billion net inflow from institutional investors, but a net outflow of 1.20 billion from retail investors [2] - Dazhong Mining: 50.87 million net inflow from institutional investors, with a significant net outflow of 65.17 million from retail investors [2] - Baodi Mining (601121) had a net inflow of 10.19 million from institutional investors [2]

Core Viewpoint - The exhibition "Nine曲黄河 马背长歌: 鄂尔多斯草原文化展" showcases nearly 150 cultural artifacts from the Ordos region, highlighting the integration of the Yellow River, Great Wall, and grassland cultures, and emphasizing the unique cultural heritage of the area [1][3]. Group 1: Exhibition Overview - The exhibition is co-hosted by the Shanghai History Museum and the Ordos Museum, featuring artifacts that represent the rich cultural tapestry of the Ordos region [1][3]. - It is divided into two main sections: "Fusion of Diversity: Grassland History" and "Unique Customs," displaying a wide range of artifacts including bronze, bone, pottery, jade, and textiles [3][6]. Group 2: Cultural Artifacts - The first section features Ordos bronze artifacts and Yuan dynasty pottery figurines, illustrating the historical blending of nomadic and agricultural cultures following the separation of pastoral and agricultural economies [6]. - Notable artifacts include a Yuan dynasty duck-shaped bronze weight and a Qing dynasty silver incense pouch, showcasing intricate craftsmanship and cultural significance [8]. - The second section focuses on daily life items, such as a finely crafted cloisonné saddle, a copper milk bucket, and traditional Mongolian chess, reflecting the unique customs and lifestyle of the Ordos people [12][19]. Group 3: Cultural Significance - The exhibition aims to present the cultural charm of Ordos and reveal the important role of the northern grassland region in the continuous development of Chinese civilization and the evolution of the Chinese nation [3][6]. - The artifacts not only represent the material culture but also provide insights into the social and cultural dynamics of the Ordos region [12][19]. Group 4: Exhibition Details - The exhibition will run until January 4, 2026, and is open for free visits without prior reservation [21].

Core Viewpoint - Ordos City is undergoing a significant ecological transformation, focusing on green development and carbon neutrality, which is reflected in its innovative governance models and the establishment of zero-carbon industrial parks [3][4][7]. Group 1: Ecological Transformation - Ordos is located in a region prone to desertification, making ecological restoration critical, with 48% of its area covered by the Kubuqi Desert and the Mu Us Sandy Land [4]. - The city has implemented integrated protection and systematic governance of its natural resources, leading to a historic improvement in its ecological environment [4][6]. - The Kubuqi Desert New Energy Base has a planned total installed capacity of 16 million kilowatts, expected to deliver approximately 18 billion kilowatt-hours of clean energy annually [6]. Group 2: Green Development Initiatives - The city is advancing its "dual carbon" goals by transitioning its energy structure towards green sources, with 80% of energy in the zero-carbon industrial park sourced from wind and solar power [7][9]. - Ordos has developed a comprehensive energy utilization model, with a total installed power capacity of 61.33 million kilowatts, of which 24.71 million kilowatts (40.3%) are from renewable sources [9]. - The city has successfully completed desertification control tasks over 13 million acres, achieving a 40% governance rate in the Kubuqi Desert and 80% in the Mu Us Sandy Land [6]. Group 3: Pollution Control and Environmental Quality - Ordos has made significant strides in pollution prevention, maintaining an air quality excellent rate of around 90% and achieving 100% compliance in water quality for urban drinking sources [10][12]. - The city has received over 100 national honors for its ecological achievements, transforming from an "energy city" to a "green and livable model" [12]. - The Ordos National Nature Reserve has seen a resurgence in bird populations, indicating a successful restoration of its ecological environment [10].

Core Viewpoint - The establishment of Ordos Huishi Intelligent Technology Co., Ltd. indicates a growing focus on technology and innovation in the region, with a diverse range of services and products aimed at various sectors, including software development and smart technology [1] Company Overview - Ordos Huishi Intelligent Technology Co., Ltd. has been recently established with a registered capital of 3 million RMB [1] - The legal representative of the company is Guo Xiaodong [1] Business Scope - The company’s business scope includes software development, digital technology services, and manufacturing of computer hardware and peripherals [1] - It also engages in the production of smart instruments and meters, industrial automation control systems, and intelligent unmanned aerial vehicles [1] - The company is involved in research and development of emerging energy technologies and IoT devices [1] - Additional services include technical consulting, technology transfer, and import-export activities [1]

Core Viewpoint - A new company, Ordos Hongwei Tianye Trading Co., Ltd., has been established with a registered capital of 500,000 RMB, indicating potential growth in the local trading sector [1] Company Summary - The legal representative of the company is Xue Hongwei [1] - The registered capital of the company is 500,000 RMB [1] - The company operates in various sectors including daily necessities, food sales (pre-packaged only), office supplies, labor protection products, fresh fruit wholesale, and more [1] Business Scope - The company is involved in general projects such as: - Sales of daily necessities and food (pre-packaged) - Wholesale of fresh fruits - Retail of daily appliances and kitchenware [1] - It also provides services in information technology consulting, tree planting, and labor services (excluding labor dispatch) [1] - The company is authorized to retail tobacco products, subject to regulatory approval [1]

Core Insights - The article highlights the improvements in logistics efficiency and cost reduction for enterprises in the Ordos Comprehensive Bonded Zone due to new customs measures [1][3]. Group 1: Customs Measures and Benefits - The "in-zone direct transfer" of goods allows for customs clearance without the need for physical entry and exit, significantly lowering logistics costs for companies [1]. - Various measures such as optimizing the "one ticket multiple vehicles" process and implementing warehouse management systems (WMS) for non-bonded goods have been introduced to enhance operational efficiency [1][3]. - From January to September 2025, enterprises in the Ordos Comprehensive Bonded Zone reported 48 "one ticket multiple vehicles" customs declarations and 7 batches of "in-zone direct transfer" with a total goods value of 255 million yuan, saving over 70,000 yuan in customs fees [1]. Group 2: Performance Evaluation and Future Plans - The Ordos Comprehensive Bonded Zone has improved its national performance ranking from 141st to 88th in 2024, marking a significant leap of 53 places [3]. - The customs authority is committed to implementing more effective innovative regulatory measures and providing supportive services to enhance customs clearance convenience and promote sustainable development of the bonded zone [3].

Core Viewpoint - The Ordos Market Supervision Administration conducted a comprehensive inspection of 10 legally established metrology verification institutions to strengthen public trust in measurement standards and ensure the accuracy of measurement services [1][2] Group 1: Inspection Overview - The inspection was carried out from July to September, focusing on the operational norms of the institutions, maintenance of measurement standards, and adherence to the "Regulations on the Supervision and Management of Legal Metrology Verification Institutions" [2] - The inspection emphasized the verification processes for consumer-related measurement tools, including household "three meters" (water, electricity, gas meters) and fuel dispensers, ensuring the accuracy of data [2] Group 2: Performance and Capacity - Ordos has a total of 14 legally established metrology technical institutions, with 8 being legally established and 6 authorized, covering various fields such as thermodynamics, mechanics, electromagnetism, optics, and chemistry [1] - From January to September of this year, the city verified a total of 288,200 mandatory measuring instruments, providing fair and efficient measurement services to businesses and the public [2]

Core Insights - The steel industry is experiencing a gradual recovery in demand, with a notable increase in apparent consumption and a decrease in inventory levels, indicating a potential stabilization in the market [1][3] - Despite the positive demand trends, profitability in the steel sector has declined, with significant drops in gross margins for key products, suggesting ongoing cost pressures [2] - The supply side is expected to continue its contraction, supported by government policies aimed at reducing production and promoting a balance between supply and demand [3] Demand and Supply Analysis - Apparent consumption of the five major steel products reached 8.7541 million tons, up by 1.2398 million tons week-on-week, with construction materials and sheet products also showing increases [1] - Total steel production was 8.5695 million tons, down by 0.0636 million tons, while total inventory decreased to 15.8226 million tons, down by 0.1846 million tons, maintaining a low level [1] - The operating rate of blast furnaces remained stable at 84.27%, while electric furnace operating rates increased slightly, indicating a mixed response in production capabilities [1] Profitability Trends - The average gross profit for rebar fell to 111.6 CNY per ton, down by 34.3 CNY per ton, and for hot-rolled coils, it dropped to 21.6 CNY per ton, down by 67.6 CNY per ton [2] - The profitability rate for 247 steel companies decreased to 55.41%, down by 0.87% week-on-week, reflecting the challenges faced by the industry [2] Future Outlook - The demand from the real estate sector is expected to weaken, but stable growth is anticipated in infrastructure and manufacturing, which may support overall steel demand [3] - The government has introduced policies to control production, aiming to phase out inefficient capacities and support advanced enterprises, which may lead to a quicker recovery in the steel industry's fundamentals [3] Investment Recommendations - Companies with leading technology and product structures, such as Baosteel (600019.SH) and Hualing Steel (000932.SZ), are recommended for their competitive advantages [5] - Low-valuation, high-dividend steel companies like CITIC Special Steel (000708.SZ) and Yongjin Shares (603995.SH) are also highlighted as attractive investment opportunities [5] - The report suggests a positive outlook for upstream resource companies, recommending firms like Hebei Steel Resources (000923.SZ) and Erdos (600295.SH) due to their long-term advantages [5]

Core Viewpoint - The focus of investment attraction in the Ordos City of Inner Mongolia is on creating a robust transportation infrastructure to enhance the business environment and facilitate enterprise development [1][2]. Group 1: Infrastructure Development - The Ordos High-tech Industrial Development Zone is prioritizing the construction of key road projects to support investment attraction and regional economic development [1]. - Key road projects include the South Railway Station access road, which aims to improve logistics efficiency for enterprises by addressing transportation bottlenecks [1][2]. - The East Project Area's Jing Si Road serves as an "industrial link" to connect eastern industrial clusters, promoting resource sharing and reducing collaboration costs [2]. Group 2: Impact on Investment Confidence - Improved transportation infrastructure has led to increased investment confidence among enterprises, with many companies reassessing their interest in settling in the area due to reduced logistics costs and enhanced commuting efficiency [2][3]. - The ongoing development of the road network is expected to create a "butterfly effect," translating into tangible results for investment attraction [2]. Group 3: Future Plans - The development zone plans to continue enhancing its infrastructure and service offerings to create a favorable environment for both domestic and international enterprises [3]. - The goal is to establish a comprehensive road network that facilitates cooperation and mutual benefits among businesses, thereby driving high-quality regional economic growth [3].