Group 1: Event Overview - The Fourth China-Africa Economic and Trade Expo was held from June 12 to 15 in Changsha, Hunan, with over 40 African countries and international organizations participating [1] - The theme of the expo was "China-Africa Common Action, Dreaming of Modernization," showcasing innovative achievements in engineering, manufacturing, and solar energy from Jiangsu enterprises [1] Group 2: Jiangsu's Economic Cooperation with Africa - Jiangsu's trade with Africa has been increasing, with Jiangsu enterprises aiming to enhance communication, cooperation, and sign agreements during the expo [1] - Jiangsu enterprises have invested a total of $1.06 billion in the Eastern Industrial Park in Ethiopia and the New Yangga Agricultural and Industrial Park in Tanzania, creating 14,400 jobs and contributing $260 million in taxes to host countries [2] Group 3: Key Projects and Developments - China Chemical Engineering's largest LNG storage tank project in Nigeria is progressing well, expected to complete its topping-out operation by November [2] - The Adwa Victory Memorial in Addis Ababa, built by Jiangsu's Zhongjiang International Group, has become a popular site for large events and public visits since its completion last year [3] Group 4: Industry Expansion and Collaboration - Jiangsu Suhao Foreign Economic and Trade Industry Co., Ltd. is establishing a local factory in Nigeria to enhance its supply chain and has developed its own brand, SKYRUN [4] - The OMVG power transmission project, crucial for electricity interconnection in West Africa, is being managed by Sumida, overcoming significant environmental and logistical challenges [5] Group 5: Trade and Investment Statistics - In 2024, Jiangsu's total import and export trade with Africa reached $27.05 billion, a year-on-year increase of 20.9% [7] - Jiangsu enterprises have completed 569 investment projects in Africa, with a total investment amount of $6.13 billion [7] Group 6: Future Prospects - Long光 Communication Technology Co., Ltd. plans to expand its sales network in Africa, aiming for a $200 million export value in 2024 [7] - Wuxi Jing'en Fan Co., Ltd. is targeting the African market with its energy-efficient ventilation equipment, seeking to contribute to local development while expanding its growth [8]

Core Viewpoint - The chemical construction industry is urged to leverage the "Two New" opportunities in 2025, focusing on high-end, intelligent, and green development to achieve high-quality growth [2][3]. Group 1: Industry Opportunities - The chemical construction industry is expected to benefit from significant equipment updates and the "Two New" policy, which emphasizes energy conservation and carbon reduction [2]. - The industry is encouraged to transition from product sales to service-oriented models, emphasizing technological innovation and ecological collaboration [3]. Group 2: Financial Performance - In 2024, the total revenue of national companies with qualifications in petroleum and chemical design and construction is projected to reach 655.99 billion yuan, a year-on-year increase of 4.99% [3]. - Profit is expected to grow by 6.35%, with new contracts signed amounting to 998.18 billion yuan, reflecting a 6.41% increase, of which 38.29% are overseas contracts [3]. Group 3: Strategic Directions - The industry should focus on key common technologies, cutting-edge technologies, modern engineering technologies, and original disruptive technologies to foster new development momentum [3]. - Chemical construction enterprises are advised to collaborate with equipment suppliers and design institutes to convert the wave of equipment updates into a growth engine [4]. Group 4: Research and Development - The China Chemical Construction Enterprises Association plans to conduct in-depth research on carbon emissions in construction and the development scale of petroleum chemical construction [4]. - The association has released several reports and guidelines to support quality control and carbon emission management in chemical construction projects [4].