Core Viewpoint - Yahua Group is a leading enterprise in China's civil explosives industry, ranking fourth among civil explosive production enterprises in 2024 according to the China Explosives Industry Association [1] Group Ranking - In the 2024 ranking of civil explosive production enterprises, Yahua Group achieved the first position in the annual output of industrial detonators [1] Business Strategy - The company plans to align with the development requirements of the civil explosive industry and actively expand its domestic and international mining service business to maintain its leading position in the industry [1]