Group 1 - The State-owned Assets Supervision and Administration Commission (SASAC) has issued a management guideline emphasizing the need for state-owned enterprises (SOEs) to focus on industry orientation and enhance core competitiveness in their development planning [1] - The management guideline establishes a three-tier planning system for SOEs, which includes overall development planning, key task planning, and enterprise planning, with a focus on optimizing industry layout and structural adjustments [1][4] - The guideline promotes the concentration of state capital in critical industries related to national security, public services, and strategic emerging industries, referred to as the "three concentrations" [1][2] Group 2 - SOEs are encouraged to withdraw from fully market-oriented sectors to avoid ineffective investments and over-competition, particularly in industries where market concentration is already high [3][4] - The guideline suggests that state capital should play a guiding role in emerging industries where private capital is lacking, but should consider exiting once the market matures [4] - The basic requirement for the development planning of key SOEs is to maintain a balanced approach, ensuring that state capital is invested in important sectors while avoiding crowding out private enterprises [4]