Fundraising Plan - The company plans to raise a total of up to 1.2 billion RMB through a private placement of A-shares, with the funds allocated to three construction projects and working capital [1] - The total investment for the projects is estimated at 1.37358 billion RMB, with 1.2 billion RMB sourced from the fundraising [1] Project Overview and Feasibility Analysis - The fundraising projects aim to support domestic economic circulation and ensure the security of national industrial chains, aligning with national development strategies [2][3] - The wet metallurgy project will produce key raw materials such as potassium fluotantalate and niobium oxide, essential for subsequent production processes in high-temperature alloys, semiconductors, and defense industries [2][3] - The projects are expected to optimize the product structure and upgrade the company's industrial capabilities, addressing the growing demand in the tantalum and niobium sector [2][3] Industry and Market Context - The projects are supported by national and local industrial policies that emphasize the development of rare metals and new materials, which are critical for various high-tech applications [5][6] - The company is positioned to meet the increasing market demand for high-value-added products in sectors like semiconductors and aerospace, enhancing its competitive edge [4][7] Financial Projections - The company anticipates a compound annual growth rate (CAGR) of 10% in revenue over the next three years, with projected revenues of approximately 1.41 billion RMB in 2025 and 1.70 billion RMB in 2027 [16][18] - The fundraising will also address the projected working capital gap of 232.66 million RMB from 2025 to 2027, ensuring sufficient liquidity for operations [19][20] Operational Impact - The fundraising projects are expected to enhance the company's operational capabilities, improve financial stability, and reduce financial risk by optimizing the capital structure [20][21] - The implementation of these projects will solidify the company's market position and support long-term sustainable growth [21]

近日，在推动国内经济大循环的时代浪潮中，东莞绿光新能源凭借在气象行业的卓越表现，作为东莞市中小型企业代表，受邀参加国务院监察国内大循环调 研会议。这一殊荣不仅是对绿光新能源 19 年深耕不辍的高度认可，更标志着国货品牌在细分领域的崛起，为中国智造迈向新征程注入强劲动力。 自成立以来，绿光新能源始终锚定气象行业，以 "创新驱动发展，品质铸就品牌" 为核心理念，在微型气象站，雷达雨量传感器，超声波风速风向传感器， 光伏环境监测仪等核心产品上持续发力。19 年的行业沉淀，让企业积累了深厚的技术底蕴，从产品研发、生产制造到市场应用，构建起一套完整的自主创 新体系。其研发的气象传感器，具备高精度、免维护、适应极端天气等特性，成功解决了新能源、输电线路、发电站、市政、海洋、交通等多领域的气象监 测痛点，产品性能达到国际先进水平，打破了国外技术长期垄断的局面。 东莞绿光新能源受邀参与国内大循环调研会议 此次受邀参与国务院调研会议，是绿光新能源发展历程中的重要里程碑。会议上，企业代表围绕气象行业在国内大循环中的作用、中小企业创新发展面临的 机遇与挑战等议题展开深入交流，分享了绿光新能源在技术创新、产业链协同等方面的经验。同时 ...

Economic Performance Overview - In May, the national economy demonstrated stable growth with industrial added value increasing by 5.8% year-on-year and 0.61% month-on-month, while the cumulative growth from January to May reached 6.3% [1] - Retail sales of consumer goods totaled 41,326 billion yuan in May, marking a 6.4% year-on-year increase, which is 1.3 percentage points higher than the previous month [1] - Fixed asset investment (excluding rural households) amounted to 191,947 billion yuan from January to May, reflecting a 3.7% year-on-year growth, with a notable 7.7% increase when excluding real estate development investment [1] Economic Characteristics - The economy exhibited five key characteristics: stable growth supported by policy measures, steady operation with a decreasing unemployment rate, continuous improvement in domestic demand and production supply, accumulation of new growth drivers in high-end manufacturing and digital economy, and resilience in the face of external challenges [2][3] - The overall economic performance in May was characterized by strong resilience and vitality, with macro policies working in coordination to support stability [3] Price and Real Estate Market - In May, the Consumer Price Index (CPI) showed a slight decline year-on-year, influenced by international factors and falling food prices, while the core CPI's growth rate steadily expanded [4] - The real estate market remained stable, with a narrowing year-on-year decline in housing prices across 70 major cities and a continuous reduction in inventory [4] Consumption and Investment Trends - Consumption growth in May exceeded expectations, driven by policies such as trade-in programs and national subsidies, with retail sales reaching their highest level of the year [6] - Key categories such as home appliances, furniture, and communication equipment saw significant sales increases, indicating the effectiveness of consumption stimulus policies [6] Future Outlook - The economic fundamentals remain strong, with expectations for continued monetary easing and fiscal support for consumption and real estate markets [5][6] - The focus will be on enhancing domestic demand and structural reforms to ensure stable economic growth amid external uncertainties [3]

前海开源基金首席经济学家杨德龙16日告诉《环球时报》记者，5月中国经济运行总体平稳、稳中有 进，作为经济增长的重要引擎，消费超预期增长无疑是其中的重要亮点。不但整体上实现了6.4%的增 长，以旧换新更是带动了家用电器、消费电子等相关产品销售的大幅增长。 国家统计局新闻发言人、国民经济综合统计司司长付凌晖16日上午在国新办举行的新闻发布会上介绍 说，在"五一""端午"假期、"6·18"平台促销、消费品以旧换新政策等共同作用下，5月份，社会消费品零 售总额同比增长6.4%，比上月加快1.3个百分点。付凌晖强调，"以旧换新政策带动明显。家用电器和音 像器材类、通信器材类、文化办公用品类、家具类商品零售额同比分别增长53%、33%、30.5%、 25.6%，合计拉动社会消费品零售总额增长1.9个百分点，比上月提高0.5个百分点。" 彭博社报道称，社零超预期加速增长，助力中国经济在5月平稳度过美国关税带来的剧烈震荡，提振了 中国应对美国政府贸易战威胁的信心。报道还称，5月份的宏观经济数据全面展示了中国如何应对美国 贸易战所引发的动荡局面。 杨德龙表示，近年来，除个别年份外，消费一直是拉动中国经济增长最重要的马车，贡献率 ...

Core Viewpoint - In May, China's economy demonstrated resilience and stability, with positive growth in industrial production, service sectors, and fixed asset investments, supported by proactive macro policies [1][6]. Industrial Production - In May, the industrial added value for large-scale enterprises increased by 5.8% year-on-year and 0.61% month-on-month [2]. - From January to May, the industrial added value grew by 6.3% year-on-year [2]. - The manufacturing purchasing managers' index was at 49.5, up by 0.5 percentage points from the previous month, indicating a slight improvement in manufacturing activity [2]. Service Sector - The service production index rose by 6.2% year-on-year in May, accelerating by 0.2 percentage points compared to the previous month [3]. - From January to May, the service production index increased by 5.9% year-on-year [3]. - The business activity index for the service sector was at 50.2, indicating stable growth, while the business activity expectation index was at 56.5, suggesting positive future expectations [3]. Consumer Market - The total retail sales of consumer goods reached 41,326 billion yuan in May, growing by 6.4% year-on-year, with a month-on-month increase of 0.93% [4]. - The "old-for-new" consumption policy significantly boosted sales in various categories, with home appliances and communication equipment seeing growth rates of 53.0% and 33.0%, respectively [4]. - Online retail sales amounted to 60,402 billion yuan, with a year-on-year growth of 8.5%, accounting for 24.5% of total retail sales [4]. Fixed Asset Investment - From January to May, fixed asset investment (excluding rural households) totaled 191,947 billion yuan, with a year-on-year increase of 3.7% [5]. - Infrastructure investment grew by 5.6%, while manufacturing investment saw a robust increase of 8.5% [5]. - High-tech industries, such as information services and aerospace manufacturing, experienced significant investment growth rates of 41.4% and 24.2%, respectively [5]. Overall Economic Outlook - The combination of policy effects has led to a stable economic environment, showcasing China's economic resilience and vitality [6]. - However, challenges remain, including external uncertainties and the need to strengthen domestic demand [6].

Core Viewpoint - The article highlights the stable growth of China's economy in May, driven by industrial production, service sector expansion, and consumer spending, while emphasizing the need for continued efforts to enhance domestic demand and economic resilience [1][10]. Industrial Production - In May, the industrial added value of large-scale enterprises increased by 5.8% year-on-year and 0.61% month-on-month [2] - The manufacturing sector grew by 6.2%, with equipment manufacturing and high-tech manufacturing increasing by 9.0% and 8.6% respectively, outpacing overall industrial growth [2] - The profit of large-scale industrial enterprises reached 21,170 billion yuan from January to April, showing a year-on-year increase of 1.4% [2] Service Sector - The service sector production index rose by 6.2% year-on-year in May, with significant growth in information transmission, software, and IT services [3] - The business activity index for the service sector was at 50.2%, indicating expansion, while the business activity expectation index was at 56.5% [3] Consumer Spending - Retail sales of consumer goods totaled 41,326 billion yuan in May, marking a year-on-year increase of 6.4% [4] - Online retail sales reached 60,402 billion yuan, growing by 8.5% year-on-year, with physical goods online retail accounting for 24.5% of total retail sales [4] Fixed Asset Investment - From January to May, fixed asset investment (excluding rural households) was 191,947 billion yuan, up 3.7% year-on-year, with manufacturing investment growing by 8.5% [5] - Infrastructure investment increased by 5.6%, while real estate development investment saw a decline of 10.7% [5] Trade Performance - In May, the total value of goods imports and exports was 38,098 billion yuan, with exports growing by 6.3% and imports declining by 2.1% [6][7] - From January to May, the total trade value was 179,449 billion yuan, with a year-on-year growth of 2.5% [6] Employment Situation - The urban survey unemployment rate was 5.0% in May, showing a slight decrease from the previous month [8] - The average weekly working hours for employees were reported at 48.5 hours [8] Price Trends - The Consumer Price Index (CPI) fell by 0.1% year-on-year in May, with core CPI rising by 0.6% [9] - The Producer Price Index (PPI) decreased by 3.3% year-on-year in May [10]

Group 1: Economic Recovery and Growth - The implementation of proactive macro policies has led to continuous improvement in both manufacturing and non-manufacturing sectors, with enterprises maintaining stable confidence in market development [1][2] - From January to April, profits of industrial enterprises above designated size increased by 1.4% year-on-year, indicating a recovery trend [1] - In May, the manufacturing production index rose by 0.9 percentage points, returning to the expansion zone, with a business activity expectation index of 52.5% [1] Group 2: Investment and New Growth Drivers - New momentum in production activities is growing rapidly, with significant increases in high-tech industry investments, such as information services (40.6%), computer and office equipment manufacturing (28.9%), and aerospace manufacturing (23.9%) from January to April [2] - The new orders index for high-tech manufacturing remained above 52% for several months, indicating sustained expansion [2] Group 3: Service Sector Recovery - The service sector has shown notable recovery, particularly in tourism and dining during the "May Day" holiday, with business activity indices in transportation and accommodation sectors also in the expansion zone [2] - The business activity expectation index for most service enterprises is at 56.5%, reflecting continued optimism about market development [2] Group 4: Policy Measures and Structural Reforms - Continuous implementation of economic stabilization policies aims to expand domestic demand and strengthen the domestic economy, utilizing proactive fiscal and moderately loose monetary policies [3] - Efforts to enhance enterprise efficiency include fostering new quality productivity and promoting the integration of technological and industrial innovation [3] Group 5: Market Reforms and Opening Up - Comprehensive reforms are being pursued to promote high-level opening up and transition from a large to a strong domestic market, including the establishment of a unified national market and removal of market access barriers [4] - Initiatives to create a national trading platform system and enhance cross-regional trade cooperation are underway [4]

Core Viewpoint - The Chinese government emphasizes the need to enhance domestic demand and consumption, while building a unified national market to strengthen development momentum [1] Group 1: Economic Strategy - The current task of advancing high-quality development and modernizing China is described as extremely challenging due to a complex external environment [1] - There is a call for improving situational awareness and precision in policy-making to adapt to new requirements for production capacity and domestic circulation [1] Group 2: Policy Focus - Key areas of focus include expanding domestic demand, boosting consumption, constructing a unified national market, and optimizing the business environment [1] - The government aims to enhance collaboration among departments and emphasize coordinated efforts to strengthen development momentum through policy and operational synergy [1]

会议指出，今年以来，在以习近平同志为核心的党中央坚强领导下，各地各部门以深化开展"三个 年"活动、聚力打好"八场硬仗"为总抓手，靠前发力抢开局、扭住重点抓突破，有力推动经济实现稳定 增长。要进一步把思想和行动统一到习近平总书记、党中央关于当前经济形势的判断和对经济工作的决 策部署上来，完整准确全面贯彻新发展理念，扎实做好稳就业、稳企业、稳市场、稳预期各项工作，积 极抢抓做强国内大循环机遇，持续推动经济实现质的有效提升和量的合理增长。 会议以视频会议形式召开。省领导方红卫、蒿慧杰、王海鹏、樊维斌、杨广亭，西安市领导叶牛 平，各市（区）和省直相关部门负责同志等参加会议。 6月10日，全省稳增长工作调度会在西安召开。会议深入学习贯彻习近平总书记在中央政治局会议 上的重要讲话和历次来陕考察重要讲话重要指示精神，认真落实国务院做强国内大循环工作推进会部 署，听取经济运行情况汇报，安排稳增长重点工作，动员全省上下找准攻坚发力点、加力冲刺二季度， 为高质量完成全年目标任务打牢基础。 会议强调，要进一步强化目标牵引、问题导向，更好促进存量政策和增量政策集成直达、接续赋 能，精准有效帮扶重点行业，下沉解决企业实际困难，多措并举 ...

Group 1: Modern Economic System - The modern economic system is an organic whole composed of various interconnected social and economic activities, involving multiple aspects such as industrial development, technological innovation, regional coordination, green development, and market system construction [1][2] - The construction of a modern economic system is both a significant theoretical proposition and a major practical task, as discussed in multiple writings in the first volume of "Xi Jinping's Economic Works" [1][2] Group 2: Green Development - Accelerating the green transformation of economic and social development is a crucial strategy for addressing resource and environmental issues in China, with significant achievements in recent years [2][3] - The concept of "lucid waters and lush mountains are invaluable assets" has become deeply ingrained in society, forming a resource-saving and environmentally friendly green development system as part of the modern economic framework [2][3] Group 3: Development Philosophy - The need for a new development philosophy is emphasized, particularly the importance of green development in achieving harmony between humanity and nature, which is essential for sustainable economic growth [3][4] - The integration of economic growth with environmental protection is highlighted as a key requirement for modern construction, promoting a harmonious coexistence between human development and natural ecosystems [4][5] Group 4: Technological Innovation - Technological innovation is positioned as the primary driving force for development and a strategic support for building a modern economic system, with a focus on advancing green productivity [11][12] - The importance of aligning the innovation chain with the industrial chain is stressed, particularly in tackling key core technologies to enhance national competitiveness [13][19] Group 5: Regional Coordination - The significance of regional coordinated development is underscored as a vital component of the modern economic system, addressing the long-standing issue of regional disparities in resource endowments and development levels [15][16] - Recent strategies have led to noticeable improvements in regional coordination, with specific initiatives aimed at enhancing economic competitiveness and promoting balanced development across different areas [16][18] Group 6: Integration of Digital and Real Economies - The deep integration of the real economy and digital economy is identified as an essential requirement for high-quality economic development, with a focus on enhancing the intelligence and digitalization of the real economy [19][20] - Emphasis is placed on fostering advanced manufacturing clusters and promoting technological platform construction to support the integration of digital and real economies [21][22]