Zheng Quan Zhi Xing·2025-06-16 00:07Group 1: Sichuan Chengyu - Sichuan Chengyu discussed plans for expiring road assets, including specific measures for Chengle Expressway, Chengya Expressway, Chengyu Expressway, and North City Expressway [1] - Chengle Expressway has initiated expansion and renovation, while the Chengya Expressway project is yet to start, with investment amounts still to be determined [1] - The company has no current plans to issue REITs or other financing tools, and its declining debt-to-asset ratio is attributed to stable cash flow from highways and cost reduction efforts [1] - The company aims to enhance service quality at service areas and is developing a comprehensive energy station network along the routes [1] Group 2: World - World introduced future development trends for superhard tools, highlighting their advantages in micro-machining, high-speed and ultra-high-speed machining, and precision machining [2] - The company has made significant progress in the development of tools for screw processing, achieving performance levels comparable to foreign counterparts and is actively expanding its market [2] - World has years of research and technical reserves in CVD diamond preparation and applications, with products covering multiple fields, some of which have begun market promotion [2]