Core Insights - The pilot program for green foreign debt has successfully launched in Jiangsu Province, with a total of 17 contracts signed amounting to 206 million RMB, making Zhenjiang the leader with 4 contracts worth 62 million RMB [1][2] Group 1: Policy Implementation - The Zhenjiang branch of the State Administration of Foreign Exchange is actively implementing the green foreign debt pilot program in alignment with the directives from the 20th National Congress of the Communist Party and the Central Financial Work Conference [1] - The branch has organized multiple supervisory meetings with key banks to ensure the effective rollout of the policy [1] Group 2: Project Identification and Support - Over 20 eligible enterprises have been identified for the green foreign debt program, with the branch sharing a target customer list with financial institutions to facilitate quick identification of potential clients and financing needs [1] - The branch is focusing on key green and low-carbon transition projects, including new materials, photovoltaic power generation, and energy-saving renovations, providing tailored financial services to meet urgent financing demands [1] Group 3: Case Study of Beneficiary - A new materials company has become the first beneficiary of the pilot program, securing 40 million RMB in green foreign debt on the first day of the policy's implementation for a project producing 5,000 tons of super plastic materials [2] - The entire process from application to signing of the green foreign debt took less than half a day, showcasing the efficiency of the new policy [2] Group 4: Future Directions - The Zhenjiang branch plans to deepen the pilot program by increasing policy promotion to attract more businesses to pursue green initiatives and optimizing cross-border financing management [2] - The goal is to effectively channel foreign financial resources into Zhenjiang's green low-carbon industries, contributing to high-quality economic development [2]

Core Insights - Hebei Changhui New Materials Technology Co., Ltd. has been established with a registered capital of 3 million RMB [1] Company Overview - The legal representative of the company is Peng Yongjun [1] - The company operates in various sectors including sales of graphite and carbon products, synthetic materials, and new materials technology research [1] - The business scope includes sales of petroleum products (excluding hazardous chemicals), sales of furnaces and electric furnaces, and recycling of renewable resources (excluding production waste metals) [1] Industry Activities - The company is involved in the sales of non-metallic minerals and products, new metal functional materials, and metal ores [1] - It also engages in the sales of non-ferrous metal alloys, high-purity elements and compounds, rare earth functional materials, and graphene materials [1] - The company is permitted to conduct sales of chemical products (excluding licensed chemical products) and metal products, as well as import and export of goods [1] - Additionally, it is involved in the sales of construction materials (excluding projects that require approval) [1]

天眼查App显示，近日，邢台新仁新材料科技有限公司成立，法定代表人为李娟，注册资本20万人民 币，经营范围为一般项目：技术服务、技术开发、技术咨询、技术交流、技术转让、技术推广;新材料 技术推广服务;技术玻璃制品销售;非金属矿及制品销售;化工产品销售（不含许可类化工产品）;建筑材 料销售;水泥制品销售;建筑装饰材料销售（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）。 ...

Core Viewpoint - Shanghai Xuanho New Materials Technology Co., Ltd. has been established with a registered capital of 500,000 RMB, focusing on the research and development of new materials and related services [1] Company Overview - The legal representative of the company is Huang Lirong [1] - The registered capital of the company is 500,000 RMB [1] Business Scope - The company engages in various activities including: - Research and development of new materials technology - Promotion and consulting services related to new materials technology - Sales of synthetic materials, new organic active materials, surface functional materials, and new membrane materials - Sales of ecological environment materials, high-performance sealing materials, new catalytic materials and additives, corrosion-resistant materials, and packaging materials [1] - Additional sales include insulation materials, heat and sound insulation materials, refractory materials, fire-blocking materials, coatings (excluding hazardous chemicals), electronic products, specialized chemical products (excluding hazardous chemicals), and chemical products (excluding licensed chemical products) [1] - The company also engages in wholesale of hardware products, sales of instruments and meters, and sales of plastic products [1]

天眼查App显示，近日，上海钧粘新材料有限公司成立，法定代表人为刘丽，注册资本1万人民币，经 营范围为一般项目：新材料技术研发；新材料技术推广服务；技术服务、技术开发、技术咨询、技术交 流、技术转让、技术推广；化工产品销售（不含许可类化工产品）；建筑材料销售；润滑油销售；金属 材料销售；消防器材销售；安防设备销售；特种设备销售；日用百货销售。（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）。 ...

Core Points - Shanghai Zhumi New Materials Co., Ltd. has been established with a registered capital of 10,000 RMB [1] - The legal representative of the company is Xu Li [1] - The company's business scope includes research and promotion of new material technology, technical services, sales of chemical products (excluding licensed chemical products), construction materials, lubricants, metal materials, fire-fighting equipment, security equipment, special equipment, and daily necessities [1]

Core Points - Aikemore (Shanghai) Materials Co., Ltd. has been established with a registered capital of 1 million RMB [1] - The company is engaged in various activities including the sale of bio-based materials, advanced new materials, and new material technology promotion and research [1] Company Overview - The legal representative of Aikemore is Li Jianyuan [1] - The business scope includes sales of engineering plastics, synthetic resins, electronic materials, thermal insulation and soundproofing materials, functional glass, new optical materials, and new membrane materials [1] - The company also offers chemical product sales (excluding licensed chemical products), sales agency, technical services, development, consulting, exchange, transfer, and promotion [1] - Additionally, it provides general cargo warehousing services (excluding hazardous chemicals that require licensing) [1]

39个试点城市基本覆盖我国经济大市和制造业重点区域。 本报北京11月14日电(记者李婕)近日，人力资源社会保障部印发通知，部署人力资源服务业与制造业融 合发展试点工作，确定北京、上海等39个城市承担试点任务，探索融合发展机制创新、政策创新、平台 创新、模式创新，整体提升制造业人力资源开发利用水平，形成现代化产业体系和高质量充分就业高效 协同的发展格局。 试点城市将结合国家和区域重大发展战略，把人力资源服务业与制造业融合发展纳入"十五五"经济社会 发展规划；聚焦智能制造、电子信息、新材料、新能源等制造业重点领域，差异化探索产业升级与就业 促进高效协同的创新路径；重点选择制造业链主企业、制造业单项冠军企业、专精特新中小企业和人力 资源服务骨干企业，开展融合发展试点，打造招聘用工联合体、跨企业培训联合体和创新联合体；加快 推进人工智能、大数据等新兴技术应用，创新融合发展场景，培育制造业人力资源服务新业态、新技 术、新模式，不断提高制造业领域人力资源供需匹配效率。 ...

Group 1 - The company announced the resignation of non-independent director Zhang Qiang due to work adjustments, who will continue to serve as the deputy general manager and core technical personnel [1][2] - Zhang Qiang's resignation will not affect the minimum number of board members or the normal operation of the board [1] - The company will hold an employee representative meeting on November 14, 2025, to elect Zhang Qiang as the employee representative director for the third board term [1] Group 2 - Zhang Qiang meets the qualifications for a director as per the Company Law and related regulations, and his election will keep the board's total members at nine [2] - The number of senior management personnel and employee representatives on the board will not exceed half of the total board members, complying with legal requirements [2] Group 3 - The company reported on the use of previously raised funds as of September 30, 2025, in accordance with regulatory guidelines [6][7] - The total amount raised from the initial public offering in 2021 was approximately RMB 353.20 million, with a net amount of RMB 294.84 million after deducting issuance costs [7] - The company also raised RMB 120.99 million in 2022 through a simplified procedure for issuing shares to specific objects, with a net amount of RMB 117.48 million after costs [8] Group 4 - The company has established dedicated bank accounts for the storage of raised funds, ensuring compliance with regulations [9] - As of September 30, 2025, the company has not transferred or replaced any previous fundraising investment projects [12] Group 5 - The company plans to extend the construction period for several fundraising projects to December 31, 2023, with independent directors and sponsors agreeing to the changes [14][16] - The company has reported that there are no significant differences between the actual investment amounts and the committed investment amounts for the previous fundraising projects [17] Group 6 - The company has approved the use of temporarily idle raised funds for cash management, with a limit of up to RMB 1.2 billion for 2022 and RMB 1.6 billion for 2023 [19][20] - As of September 30, 2025, the company has not engaged in cash management activities with idle funds, and all funds are held in demand deposits [20] Group 7 - The company has decided to permanently supplement working capital with surplus raised funds amounting to RMB 15.54 million, following the completion of several fundraising projects [22][23] - The remaining balance in the fundraising accounts will continue to be used for project payments, with any surplus to be used for working capital [23]

Core Viewpoint - China's manufacturing industry has achieved "five leading and five parallel" sectors, with significant global presence in various fields [2] Group 1: Manufacturing Industry Achievements - The automotive, shipbuilding, power equipment, high-speed rail equipment, and new energy equipment sectors are leading globally [2] - New materials, biomedicine, high-end equipment, aerospace, and artificial intelligence sectors are on par with developed countries [2] - The global share of China's manufacturing industry has reached 32% [2] Group 2: Productive Service Industry - The productive service industry includes ten categories: R&D, logistics, inspection and testing, finance, green low-carbon, digitalization, trade, intellectual property, professional consulting, and human resources [2] - This sector is a key driver for GDP growth, unicorn cultivation, service trade enhancement, and total factor productivity [2] - There is a call for private enterprises to expand into the productive service industry to alleviate manufacturing competition, create job opportunities for graduates, and revitalize office resources [2]