Core Viewpoint - The company, Buchang Pharma, is expanding its business through a joint investment with several partners to establish a new company, enhancing its research capabilities and market competitiveness [1] Group 1: Investment and Partnership - Zhejiang Huapai, a subsidiary of Buchang Pharma, plans to invest in a new company alongside Hefei Keyinou Biotechnology Co., Jiangsu Industrial Technology Research Institute, and Hefei Kaisaisi Enterprise Management Partnership [1] - The registered capital of the joint venture is 2 million yuan, with Zhejiang Huapai contributing 222,200 yuan [1] Group 2: Strategic Development - The collaboration aims to leverage the strengths of each party, fostering stable partnerships and strategic alliances [1] - This investment aligns with national macro strategies and industry directions, supporting the company's strategic development needs [1] - The project is expected to enhance the research capabilities of both the company and Zhejiang Huapai, laying a solid foundation for future growth [1]

Group 1 - Hunan's actual foreign investment reached 10.4 billion USD from 2021 to September 2025, surpassing the 10 billion USD target set in the "14th Five-Year Plan" [1] - A total of 2,321 Hunan enterprises have expanded their operations to 113 countries and regions globally over the past five years, with notable companies like Zoomlion, Zhongwei Group, Lens Technology, Longping Development, and Xibang Intelligent becoming multinational corporations [1] - Hunan has implemented 2,057 foreign contracting projects covering 124 countries and regions, enhancing its reputation in international construction with companies like Hunan Construction and Hunan Road and Bridge consistently ranking among the world's top 250 international contractors [1] Group 2 - The orderly development of foreign investment cooperation has injected new momentum into Hunan's economic growth, improving the resilience of its industrial and supply chains through effective overseas market expansion and global resource integration [1] - Hunan plans to better coordinate development and security, guiding enterprises in reasonable and orderly cross-border layouts, focusing on sectors such as agriculture, mining, green energy, biomedicine, electronic information, and machinery equipment for foreign investment cooperation [2] - The province aims to enhance its online and offline integrated overseas service system, creating a "one-stop" service window for enterprises going abroad, while strengthening safety risk prevention and overseas interest protection [2]

Group 1 - From January to May, China's non-financial direct investment abroad reached $61.6 billion, a year-on-year increase of 2.3%, with investment in Belt and Road Initiative (BRI) countries amounting to $15.52 billion, growing by 20.8% [1] - The total revenue from foreign contracted projects was $61.94 billion, up 5.4%, while new contract value was $98.68 billion, increasing by 13%. In BRI countries, the revenue was $50.59 billion, a growth of 3.9%, and new contracts reached $84.93 billion, up 20.7% [1] - The overall growth in China's foreign investment cooperation indicates the resilience of the economy and the ongoing globalization strategy, with a notable acceleration in investment in BRI countries reflecting strategic intent to optimize investment layout [1][2] Group 2 - The rapid growth in new contracts for foreign engineering projects in BRI countries is attributed to three main factors: government support for high-quality BRI development, strong demand for infrastructure in BRI countries, and the increasing competitiveness of Chinese enterprises [2] - Future trends suggest that China's foreign investment cooperation will continue to optimize structurally and maintain a steady upward trajectory, with BRI investments expected to remain a highlight [2] - To enhance the sustainability of foreign investments, it is essential to strengthen cooperation with BRI countries in infrastructure, improve the global layout of industrial and supply chains, and refine the foreign investment service system [3]

Group 1 - Shenzhen's 2025 foreign trade support policy includes ten key points aimed at supporting enterprises in overseas investment and cooperation [1] - Enterprises can receive up to 20 million yuan in support for legal, technical, business, and financing consulting fees, bank loan interest, overseas investment insurance premiums, and infrastructure construction in provincial overseas economic and trade cooperation zones [1] - The policy encourages enterprises to participate in overseas exhibitions, with support for 211 events throughout the year, providing up to 600,000 yuan for actual booth fees [4] Group 2 - The policy promotes the development of cross-border e-commerce by encouraging companies to build independent platforms and providing integrated service solutions for "Shenzhen manufacturing" and "Shenzhen brands" [4] - Enterprises can receive rewards for establishing independent e-commerce sites, with a maximum reward of 1 million yuan for each site, limited to three sites per company [4] - The policy also includes incentives for companies undertaking overseas construction projects, with rewards based on completed project revenue, up to 2 million yuan [4]