Core Insights - A new company, Xuancheng Yunze Building Materials Co., Ltd., has been established with a registered capital of 1 million RMB [1] Company Overview - The legal representative of the company is Li Sheng [1] - The company’s business scope includes general operations such as sales of building materials, lightweight building materials, cement products, bricks and tiles, insulation materials, lime and gypsum, labor services (excluding labor dispatch), recycling resources sales, and new materials technology research and promotion [1] - The company is also involved in licensed operations, specifically construction labor subcontracting, which requires approval from relevant authorities before commencing activities [1]

Core Viewpoint - The company, Yinlong Co., is focusing on its core businesses in prestressed materials and concrete products for rail transit, while also exploring opportunities in the new energy sector and emerging technologies [2] Group 1: Business Focus - The company continues to concentrate on the prestressed materials industry and concrete products for rail transit [2] - The integration of new energy industry capabilities is a key aspect of the company's strategy [2] Group 2: Innovation and Growth - The company is committed to innovation-driven development, aiming to solidify its main business while cautiously exploring technological opportunities related to its industry chain [2] - The goal is to cultivate new growth points for future development through these explorations [2]

天眼查App显示，近日，甘肃润丰源新材料有限公司成立，法定代表人为高原，注册资本1000万人民 币，经营范围为许可项目：新化学物质生产（依法须经批准的项目，经相关部门批准后方可开展经营活 动）一般项目：基础化学原料制造（不含危险化学品等许可类化学品的制造）；化工产品生产（不含许 可类化工产品）；化工产品销售（不含许可类化工产品）；专用化学产品制造（不含危险化学品）；专 用化学产品销售（不含危险化学品）；合成材料制造（不含危险化学品）；合成材料销售；新材料技术 研发；技术服务、技术开发、技术咨询、技术交流、技术转让、技术推广（除许可业务外，可自主依法 经营法律法规非禁止或限制的项目）。 ...

天眼查App显示，近日，灵寿县桥一新材料有限公司成立，法定代表人为辛辉，注册资本5万人民币， 经营范围为一般项目：新材料技术推广服务;新材料技术研发;非金属矿及制品销售;金属矿石销售;金属 材料销售;建筑材料销售;建筑装饰材料销售;轻质建筑材料销售;云母制品销售;颜料销售;涂料销售（不含 危险化学品）;表面功能材料销售;隔热和隔音材料销售;保温材料销售;非食用农产品初加工;农副产品销 售;技术玻璃制品销售;软木制品销售（除依法须经批准的项目外，凭营业执照依法自主开展经营活 动）。 ...

Group 1 - Guangzhou Qiongshu Technology Co., Ltd. has been recently established with a registered capital of 100,000 RMB [1] - The legal representative of the company is Tang Zhicai [1] - The company's business scope includes manufacturing of communication equipment, cement products, paper, furniture, cotton processing, fabric dyeing and weaving, retail of fresh vegetables, and internet sales of pre-packaged food [1] Group 2 - The company also engages in wholesale of musical instruments, jewelry, stationery, kitchenware, daily necessities, hats, clothing, and aquatic products [1] - Additionally, it is involved in the development of basic software for artificial intelligence, software development, and sales [1] - The company focuses on research and development of new materials and metal products, as well as providing various technical services and consulting [1]

Group 1 - Xiamen Yuedexin New Materials Co., Ltd. has been established with a registered capital of 860,000 RMB [1] - The legal representative of the company is Sun Jianjun [1] - The business scope includes new material technology promotion services, sales of chemical products (excluding licensed chemical products), and various technical services [1] Group 2 - The company is involved in the research and development of new materials and the sale of specialized chemical products (excluding hazardous chemicals) [1] - Other business activities include the sale of packaging materials, daily necessities, inks (excluding hazardous chemicals), building materials, and coatings (excluding hazardous chemicals) [1] - The company operates independently based on its business license, except for projects that require approval by law [1]

Core Viewpoint - Anhui Yansheng Hexin Material Technology Development Co., Ltd. has been established with a registered capital of 5 million RMB, focusing on synthetic materials and related technologies [1] Company Overview - The company is legally represented by Tian Debing and has a registered capital of 5 million RMB [1] - The business scope includes manufacturing and sales of synthetic materials, engineering plastics, and synthetic resins [1] Business Activities - The company engages in the promotion and research of new material technologies, as well as the production of chemical products excluding licensed chemicals [1] - It offers a range of technical services including development, consulting, and technology transfer related to synthetic fibers and carbon fiber recycling [1] Trade and Export - The company is involved in domestic trade agency services and the import and export of goods and technologies, excluding licensed operations [1]

Core Insights - Changsha Ningyin Technology Co., Ltd. has been established with a registered capital of 1 million RMB and is represented by Zhao Linyu [1] Company Overview - The company is involved in various licensed and general projects, including printing of packaging and decorative printing products, as well as other printed materials [1] - The business scope includes research and development of new materials, software development, technical services, and consulting [1] - The company also engages in integrated circuit chip design, advertising services, IoT technology research and services, and resource recycling technology development [1] Business Activities - The company offers a wide range of services such as intelligent control system integration, laser marking processing, and mechanical parts processing [1] - It is involved in the sales of various products including electronic components, optical electronic devices, and office supplies [1] - The company is also engaged in import and export activities, as well as technology import and export [1]

Core Viewpoint - The company has announced its third-quarter financial report for 2025, ensuring the accuracy and completeness of the information provided, and has also established a joint venture company named Carbon Nest New Material Technology (Tengzhou) Co., Ltd. [7][10][8] Financial Data Summary - The third-quarter financial report for 2025 has not been audited [3] - The company reported a revenue of 17.407 million yuan from its computing power business, accounting for 6.24% of the main business revenue, with costs amounting to 9.8892 million yuan [10] Shareholder Information - The company guarantees the accuracy of the quarterly report and the financial information provided by its management team [2][6] Joint Venture Establishment - The joint venture, Carbon Nest New Material Technology (Tengzhou) Co., Ltd., has been registered with a capital of 100 million yuan and focuses on high-performance fibers and composite materials [8] Board Meeting and Resolutions - The sixth board meeting was held on October 28, 2025, where the third-quarter report was approved unanimously by all attending directors [14]

Group 1 - Anhui Sainuo New Materials Technology Co., Ltd. has been established with a registered capital of 5 million RMB [1] - The legal representative of the company is Wang Xiaoyong [1] - The company's business scope includes new material technology research and development, promotion services, and various technical services [1] Group 2 - The company is involved in the manufacturing and sales of engineering plastics, synthetic resins, and plastic products [1] - It also engages in the production and sales of specialized chemical products, excluding hazardous chemicals [1] - The company is permitted to operate projects that are not prohibited or restricted by laws and regulations [1]