Meeting Overview - The second meeting of the Supervisory Board of Fortech (Shenzhen) Co., Ltd. was held on July 29, 2025, with all three supervisors present, complying with legal and regulatory requirements [2][4]. Resolutions Passed - The Supervisory Board approved the appointment of Zhongxinghua Accounting Firm as the A-share financial and internal control auditor for the year 2025, citing its strong professional competence and industry experience [3][5]. - The Supervisory Board also approved the appointment of Ernst & Young as the H-share auditor for 2025, based on the company's actual needs and relevant regulations [6][8]. - The company plans to use up to RMB 450 million of idle funds for cash management, ensuring that this does not affect daily operations or shareholder interests [9][10][12]. Audit Firm Information - Zhongxinghua Accounting Firm, established in 1993, has a strong track record with 1,052 registered accountants and a total revenue of RMB 203.34 million in 2024, with RMB 154.72 million from audit services [14][15]. - Ernst & Young is a well-established firm providing audit, tax, and consulting services to numerous Hong Kong-listed companies, registered as a public interest entity auditor [22][24]. Cash Management Plan - The cash management aims to enhance fund utilization efficiency and investment returns while ensuring the safety of the funds [32][34]. - The funds will be sourced from temporarily idle self-owned funds, with a focus on high-security and high-liquidity investment products [33][34]. Shareholder Meeting - The second extraordinary general meeting of shareholders is scheduled for August 15, 2025, to review the resolutions passed by the board and supervisory board [46][48].

Core Viewpoint - The company plans to appoint Zhongxinghua Accounting Firm as the A-share financial and internal control auditor for 2025, and Ernst & Young Hong Kong as the H-share auditor for the same year, based on its operational needs and strategic development [1][6]. Group 1: Appointment of Auditors - The company intends to hire Zhongxinghua Accounting Firm for the 2025 A-share financial audit and internal control audit, and Ernst & Young Hong Kong for the 2025 H-share audit [1]. - Zhongxinghua Accounting Firm was established in 1993 and has a registered capital of 10 million yuan, with 522 registered accountants [2][3]. - The audit fee for the 2024 A-share financial report is set at 1 million yuan (including tax) for the financial audit and 200,000 yuan (including tax) for the internal control audit [5]. Group 2: Auditor Qualifications - Zhongxinghua has 16 listed company audit clients in the information transmission, software, and information technology services industry [2]. - The firm has a professional risk fund of 10.45 million yuan and has faced 4 administrative penalties and 18 administrative supervision measures in the last three years [2][4]. - Ernst & Young Hong Kong is a member of the global EY network and is registered as a public interest entity auditor under Hong Kong law, with no significant issues found in recent quality inspections [4][5]. Group 3: Approval Process - The audit committee has approved the proposals for appointing the auditors and submitted them to the board for further review [6]. - The board has agreed to submit the proposals to the shareholders' meeting for final approval [6]. - The appointment of the auditors will take effect upon approval by the shareholders' meeting [6].

Economic Overview - In the first half of 2025, the GDP of Zhongshan reached 197.465 billion yuan, with a year-on-year growth of 3.4% at constant prices [2] - The primary industry added value was 3.663 billion yuan, growing by 6.3% year-on-year; the secondary industry added value was 101.509 billion yuan, with a growth of 3.3%; the tertiary industry added value was 92.292 billion yuan, also growing by 3.3% [2] Agricultural Sector - The total output value of agriculture, forestry, animal husbandry, and fishery in Zhongshan was 7.651 billion yuan, increasing by 6.3% year-on-year [2] - Agricultural output value was 2.595 billion yuan, with a year-on-year growth of 4.2%; fishery output value was 4.741 billion yuan, growing by 7.3% [2] Industrial Performance - The added value of large-scale industries in Zhongshan grew by 4.4% year-on-year [3] - Manufacturing sector increased by 5.0%, while the electricity, heat, gas, and water production and supply sector saw a decline of 5.9% [3] - Advanced manufacturing added value grew by 8.3%, accounting for 52.6% of large-scale industries; high-tech manufacturing increased by 19.4%, making up 18.2% of large-scale industries [3] Service Sector - The added value of the service industry increased by 3.3% year-on-year [3] - Information transmission, software, and IT services grew by 8.8%; leasing and business services increased by 6.2%; accommodation and catering services rose by 4.6% [3] - From January to May, the revenue of large-scale service industries grew by 3.6% year-on-year [3] Investment and Consumption - Fixed asset investment in Zhongshan decreased by 22.2% year-on-year [4] - Industrial investment fell by 10.1%, accounting for 49.1% of total fixed asset investment [4] - The total retail sales of consumer goods remained stable at 81.6 billion yuan, unchanged from the previous year [4] - Online retail through public networks grew by 5.7% year-on-year [4] Price Levels and Income - The Consumer Price Index (CPI) in Zhongshan remained stable, unchanged from the previous year [5] - The per capita disposable income of residents was 33,570 yuan, with a year-on-year growth of 2.5% [5] - Urban residents had a per capita disposable income of 34,697 yuan, growing by 2.2%, while rural residents had 25,485 yuan, increasing by 4.3% [5]

Economic Overview - The GDP of Zibo City for the first half of the year reached 256.89 billion yuan, with a year-on-year growth of 5.6% and a nominal increase of 18.74 billion yuan, representing a nominal growth rate of 7.87%, which is higher than the provincial average [1] - The primary industry added value was 8.24 billion yuan, growing by 3.7%; the secondary industry added value was 118.49 billion yuan, growing by 5.1%; and the tertiary industry added value was 130.16 billion yuan, growing by 6.2% [1] Agricultural Sector - The total output value of agriculture, forestry, animal husbandry, and fishery reached 14.93 billion yuan, with a year-on-year growth of 4.1%, improving by 0.6 percentage points compared to the first quarter [1] - The production of vegetables was 978,000 tons, growing by 3%, and the production of fruits was 66,000 tons, growing by 3.3% [1] Industrial Sector - The added value of large-scale industries in Zibo grew by 7.6% year-on-year, with 29 out of 38 major industry categories achieving positive growth, resulting in a growth coverage of 76.3% [2] - The top 10 industries by total added value saw eight industries increase, contributing 6.2 percentage points to the overall industrial growth [2] - High-tech manufacturing added value grew by 8.1%, and the "Four Strong" industries increased by 8.5% [2] Investment Trends - Fixed asset investment in Zibo decreased by 1.3% in the first half of the year, while industrial investment increased by 29.7%, with industrial technological transformation investment growing by 20.8% [2] - Private investment rose by 21.0%, accounting for 65.3% of total investment, an increase of 12 percentage points year-on-year [2] Service Sector - The total retail sales of social consumer goods reached 83.03 billion yuan, with a year-on-year growth of 7.1% [3] - The retail sales of above-limit units reached 29.62 billion yuan, growing by 12.3%, with 15 out of 22 categories showing positive growth [3] - Categories such as grain and oil, food, tobacco and alcohol, sports and entertainment products, and communication equipment saw significant growth rates of 24.1%, 22.1%, 91.8%, and 50.2% respectively [3]

Group 1 - The service industry in China showed a strong growth in the first half of the year, with a value added of 39,031.4 billion yuan, representing a year-on-year increase of 5.5% and accounting for 59.1% of the GDP, an increase of 0.7 percentage points compared to the previous year [1][2] - The contribution rate of the service industry to national economic growth was 60.2%, up by 5.8 percentage points year-on-year, with the service sector driving GDP growth by 3.2 percentage points, an increase of 0.5 percentage points [2] - In the second quarter, the service industry added value reached 19,517.2 billion yuan, growing by 5.7% year-on-year, with a contribution rate to economic growth rising to 61.2% [2] Group 2 - The service retail sales increased by 5.3% year-on-year, outpacing the growth of goods retail sales by 0.2 percentage points, while per capita service consumption expenditure rose by 4.9%, accounting for 45.5% of total per capita consumption expenditure [2] - Cultural and tourism consumption saw significant growth, with tourism services and cultural sports services increasing by 31.9% and 7.4% respectively, and the national box office exceeding 29.2 billion yuan, growing over 20% year-on-year [3] Group 3 - The high-tech service sector experienced robust demand, with fixed asset investment in high-tech services growing by 8.6% year-on-year, and investment in information services increasing by 37.4% [5] - The business activity index for the service industry remained above the critical point, averaging 50.2, indicating continued expansion and positive market expectations [6][7] Group 4 - The integration of technological and industrial innovation is deepening, with high-tech service enterprises showing revenue growth of 9.9% and strategic emerging service enterprises growing by 9.5% from January to May [4] - The digital technology application sector also saw a revenue increase of 11.2% year-on-year, reflecting ongoing innovation and optimization in digital service supply [4]

Economic Overview - Yantai's GDP for the first half of the year reached 537.11 billion yuan, with a year-on-year growth of 6.4%, ranking first in the province [3] - The primary industry added value was 17.12 billion yuan, growing by 4%; the secondary industry added value was 234.47 billion yuan, growing by 8.9%; and the tertiary industry added value was 285.93 billion yuan, growing by 4.5% [3] Agricultural Sector - Agricultural production is strong, with a total output value of 31.8 billion yuan, growing by 4.5% [4] - Summer grain production is expected to increase for the third consecutive year, with vegetable and fruit production rising by 2.7% and 2.3%, respectively [4] Industrial Sector - The industrial economy leads the province, with a 13.4% growth in industrial added value, the highest in the province [4] - The manufacturing sector saw a 15.7% increase, driven by rapid growth in key industries such as chemical manufacturing and electronics [4] Service Sector - The modern service industry is performing well, with a 7.4% increase in revenue across nine key sectors [5] - The rental and business services sector grew by 14.1%, while the information technology services sector grew by 3.5% [5] Consumer Market - The retail sales of consumer goods reached 194.495 billion yuan, growing by 6.2% [5] - The online retail sales amounted to 26.07 billion yuan, with an 11.1% increase [5] Investment and Construction - The city has a project completion rate of 90.8% for key construction projects, with an investment completion rate of 51.7% [6] - Fixed asset investment decreased by 12.3%, but industrial technological transformation investment increased by 15.8% [6] Foreign Trade - Yantai's foreign trade reached 253.46 billion yuan, growing by 16.1%, with exports increasing by 6.1% and imports by 31.5% [6] - General trade imports and exports grew by 27.8%, accounting for 55.2% of the total [6] Social Welfare - Social spending reached 39.6 billion yuan, making up 79.6% of the general public budget [7] - The per capita disposable income of residents was 26,676 yuan, growing by 5.6% [8]

Economic Overview - The city's GDP reached 26,222.15 billion yuan in the first half of the year, with a year-on-year growth of 5.1% [1] - The first industry added value was 36.54 billion yuan, growing by 1.9%; the second industry added value was 5,445.91 billion yuan, growing by 3.9%; and the third industry added value was 20,739.70 billion yuan, growing by 5.4% [1] Industrial Production - Industrial added value increased by 5.0% year-on-year, with total industrial output value growing by 5.6%, accelerating by 2.1 percentage points compared to the first quarter [2] - Key industries such as computer, communication, and other electronic equipment manufacturing saw a 21.7% increase, while railway, shipbuilding, and aerospace manufacturing grew by 18.1% [2] - The three leading industries in manufacturing achieved a 9.1% growth, outpacing the overall industrial output [2] Tertiary Sector Growth - The tertiary sector's added value grew by 5.4%, with information transmission, software, and IT services increasing by 14.6% [3] - The financial sector's added value reached 4,500.81 billion yuan, growing by 8.8% [3] Investment Trends - Fixed asset investment rose by 6.2%, with industrial investment increasing by 19.8% and urban infrastructure investment growing by 17.9% [4] - New residential property sales area reached 7.9564 million square meters, a 1.6% increase [4] Consumer Market - The total retail sales of consumer goods amounted to 8,260.41 billion yuan, with a year-on-year growth of 1.7% [5] - The sales of energy-efficient home appliances surged by 63.9% due to the trade-in policy [6] Financial Market Performance - Major financial markets saw a transaction volume increase of 6.6%, with the Shanghai Stock Exchange's securities transaction volume growing by 28.6% [7] - By the end of June, the balance of deposits in financial institutions reached 22.90 trillion yuan, a 7.5% increase [7] Price Stability and Income Growth - The consumer price index (CPI) rose by 0.1% year-on-year, while the industrial producer price index decreased by 2.8% [8] - The per capita disposable income reached 46,805 yuan, growing by 4.6% [8] Innovation and New Drivers - The number of valid invention patents reached 293,700, increasing by 12.2% [12] - High-tech manufacturing output grew by 16.0%, with significant increases in the production of smart devices [12] Policy Effects - Retail sales showed signs of recovery, with a 1.7% year-on-year increase [13] - Industrial investment continued to expand, particularly in electronic information products, which saw a 43.0% increase [13] Market Dynamics - The volume of goods transported and international container throughput increased by 7.5% and 6.1%, respectively [14] - The industrial output of private enterprises grew by 8.8%, outperforming the overall industrial output growth [14]

上半年上海信息传输、软件和信息技术服务业增加值同比增长14.6% 拉动GDP增长1.7个百分点 智通财经7月25日电，上海市统计局7月25日发布2025年上半年经济数据。上半年，上海信息传输、软件 和信息技术服务业增加值同比增长14.6%，拉动GDP增长1.7个百分点，在各行业中贡献最大。上半年， 信息服务业营收同比增长20.4%，较全国高出了6.1个百分点，较一季度增速也提高了5.9个百分点。 ...

Economic Overview - Zhejiang's GDP for the first half of 2023 reached 45,004 billion yuan, with a year-on-year growth of 5.8% [1] - The primary industry added value was 1,131 billion yuan, growing by 3.5%; the secondary industry added value was 16,952 billion yuan, increasing by 5.6%; the tertiary industry added value was 26,921 billion yuan, with a growth of 6% [1] Industrial Performance - Among 37 industrial sectors, 31 sectors experienced growth, resulting in an overall growth rate of 83.8% [2] - High-tech manufacturing, core digital economy manufacturing, and equipment manufacturing saw added value growth of 12.7%, 12%, and 11.1% respectively [2] - Production of high-value-added products such as industrial robots, lithium-ion batteries, laptops, and new energy vehicles increased by 85.7%, 65.2%, 47.3%, and 43.3% respectively [2] Service Sector and Consumption - The service sector's added value grew by 6%, with the information transmission, software, and IT services sector showing a strong growth of 9.3% [2] - Retail sales of consumer goods reached 18,979 billion yuan, marking a year-on-year increase of 5.3%, with significant growth in various categories such as home appliances and new energy vehicles [2] Investment and Employment - Fixed asset investment in Zhejiang increased by 1.4%, with notable growth in infrastructure and high-tech industries [3] - The average urban unemployment rate was 4.7%, with 588,000 new urban jobs created [3] - Per capita disposable income for residents was 37,813 yuan, reflecting a nominal growth of 5.1% year-on-year [3]

Economic Overview - In the first half of 2025, Jilin Province's GDP reached 682.33 billion yuan, with a year-on-year growth of 5.7%, an increase of 0.2 percentage points compared to the first quarter [1] - The industrial sector showed steady progress, with the added value of above-scale industries growing by 7.8%, surpassing the national average by 1.4 percentage points [1] Agricultural Sector - The agricultural, forestry, animal husbandry, and fishery sectors saw an overall growth, with an added value of 37.48 billion yuan, reflecting a year-on-year increase of 4.3%, which is 0.4 percentage points higher than the national average [1] - Specific growth rates for major agricultural products included 7.0% for crops, 10.2% for forestry, 3.6% for animal husbandry, and 9.6% for fisheries [1] Industrial Sector - The equipment manufacturing industry experienced a significant increase, with an added value growth of 19.5%, accounting for 10.9% of the province's above-scale industrial output [2] - Key industries such as information technology, pharmaceuticals, and electricity production achieved double-digit growth rates of 21.5%, 16.8%, and 10.3% respectively [1] Service Sector - The service sector's added value grew by 5.6%, contributing 63.8% to the province's GDP, with a contribution rate increase of 11.3 percentage points compared to the first quarter [2] - The information transmission, software, and IT services sectors saw a growth of 7.2%, while scientific research and technical services grew by 13.0% [2] Investment and Consumption - Fixed asset investment (excluding rural households) increased by 1.0%, with the second industry investment rising by 8.8% and the third industry by 1.9% [3] - The total retail sales of consumer goods reached 211.72 billion yuan, marking a year-on-year growth of 4.8%, with significant increases in furniture and home appliances retail sales [3]