Core Points - The flag-raising ceremony on October 9 marks the official relocation of China Huaneng and China National Chemical Corporation (Sinochem) to Xiong'an New Area, a significant step in the transfer of non-capital functions from Beijing [1] - Over 1,000 employees from China Huaneng and nearly 1,000 from Sinochem have begun regular operations in Xiong'an, with ongoing construction of their respective phase two projects [1] Group 1 - The Xiong'an New Area has provided housing guarantees for relocated employees, including approximately 2,000 high-quality rental units and support for home purchases [3] - The local government has coordinated services such as customized public transportation to facilitate the transition for employees [3] - The successful relocation of these major enterprises is expected to boost confidence in the development of the Xiong'an New Area and attract more high-end talent and businesses [4] Group 2 - The Xiong'an New Area is currently in a phase of large-scale construction while simultaneously accommodating the transfer of non-capital functions from Beijing [5] - Future efforts will focus on enhancing service and support for additional enterprises relocating to the area [5]