Core Viewpoint - Ningbo Huizhixing New Material Technology Co., Ltd. (referred to as "Huizhixing") has initiated the IPO guidance filing with the Ningbo Securities Regulatory Bureau, aiming for a listing on the Beijing Stock Exchange, with Kaiyuan Securities as the advisory institution [2] Company Overview - Huizhixing was established in October 2012 and specializes in high aesthetic requirement coating functional films, which are core materials for display modules in electronic products such as smartphones, computers, and televisions [2] Financial Performance - The projected operating revenues for Huizhixing are as follows: CNY 262 million for 2023, CNY 331 million for 2024, and CNY 214 million for the first half of 2025. The net profits attributable to the parent company are projected to be CNY -17.39 million for 2023, CNY 21.45 million for 2024, and CNY 29.38 million for the first half of 2025 [2] - In the first half of 2025, Huizhixing's operating revenue is expected to grow by 61.37% year-on-year, while the net profit attributable to the parent company is anticipated to increase by 222.84%, surpassing the total net profit for 2024 [2] Corporate Governance Changes - On December 30 of the previous year, Huizhixing announced a strategic plan to adjust its board of directors from 5 to 7 members, adding 3 independent directors. Yang Pingbo has resigned from his position as a director [2] - The board plans to nominate Chen Qingbao, Sun Yongmao, and Xu Xiaohui as independent directors, with their terms starting from the date of approval at the sixth extraordinary general meeting of shareholders in 2025 until the end of the second board's term [2]

Group 1 - The core message emphasizes the determination and confidence of Wuhan's private enterprises to expand globally, leveraging innovation and technology to enhance their international presence [2][3]. - Companies like Jianyi Technology and Jinhuasheng are adopting comprehensive strategies to not only export products but also establish a strong local presence in foreign markets [2][3][11]. - Jianyi Technology has successfully developed a zero-energy cooling film that is particularly popular in hot climates, showcasing its commitment to innovation and market adaptation [6][9]. Group 2 - Jinhuasheng has engaged in significant projects abroad, such as the Liberia railway project, which has created over 300 jobs and trained more than 800 local workers, demonstrating a commitment to local development [14][15]. - The company has successfully navigated challenges in international expansion with support from various governmental levels, highlighting the importance of collaboration in overseas ventures [15][16]. - Jinhuasheng's previous projects have established a strong reputation, which has bolstered its confidence in pursuing further international opportunities [15]. Group 3 - Lotus Technology reported a significant increase in automotive deliveries and revenue, with a 70% year-on-year growth in deliveries and a 36% increase in total revenue, indicating strong market performance [20]. - The company has established a cutting-edge smart factory in Wuhan, which utilizes advanced technologies to produce a diverse range of high-performance electric vehicles [20][21]. - Lotus is expanding its global footprint, particularly in Europe and North America, while also launching innovative technologies that enhance vehicle performance and user experience [21]. Group 4 - Yihuo Cross-Border is focusing on a comprehensive approach to e-commerce, integrating product selection, marketing, and customer service to enhance its international sales strategy [23][27]. - The company has achieved significant growth in North America, with a 28% increase in overall revenue in the first quarter, driven by strong manufacturing partnerships and digital operations [27]. - Yihuo Cross-Border aims to transition from merely exporting products to establishing localized production and operations in Africa, reflecting a strategic shift in its business model [27][28].