Group 1 - The core business of the company is focused on the entire cotton industry chain, with mining as a supplementary business and capital operation as support [1][3] - In the reporting period, the company achieved an operating income of 1.636 billion yuan, an increase of 68.42% compared to the same period last year, despite a net profit attributable to shareholders of -244 million yuan due to weakened market demand and inventory write-downs [1] - The company has been deepening its involvement in the cotton processing industry for many years, producing high-quality cotton products that meet national standards, and expanding its product range to include various cotton by-products [2][3] Group 2 - The company operates 14 subsidiaries involved in cotton processing, leveraging its location in Xinjiang and industry policy advantages to expand capacity and extend the industrial chain [3] - The core business of cotton still accounts for 70% of the company's total operating income, with a revenue increase of 66.36% in the reporting period [3] - The company has registered 43 trademarks and 17 patents, with its products recognized as "famous trademarks" in Xinjiang, enhancing brand value and market presence [3] Group 3 - Looking ahead, the company will continue to focus on the cotton industry chain, mining processing, and capital operation to support high-quality development [4] - In the first quarter of 2025, the company reported an operating income of 1.215 billion yuan, a significant increase of 312.03% year-on-year, and achieved a net profit of 18.19 million yuan, marking a turnaround from losses in 2024 [4]