Group 1 - Shanghai Inspec is officially recognized as a foreign-funded R&D center by the Shanghai Municipal Commission of Commerce, highlighting its research capabilities in the commodity inspection sector [1] - The company, established in 1997, is a Sino-foreign joint venture located in Baoshan High-tech Zone, specializing in commodity inspection, appraisal, and quality analysis [3] - Inspec has obtained qualifications from the National Quality Supervision, Inspection and Quarantine Administration and the Ministry of Commerce, allowing it to conduct inspection, testing, and appraisal across various commodities including mineral products, metals, coal, petrochemical products, agricultural products, and fertilizers [3] Group 2 - Baoshan District emphasizes the development of foreign-funded enterprises as a key component of regional economic construction, supporting innovation and enhancing functions such as R&D and investment decision-making [4] - Over 3,000 foreign-funded enterprises have established operations in Baoshan, creating a favorable industrial agglomeration effect [4] - The district's commerce committee has organized over 10 foreign investment promotion activities this year, providing platforms for policy interpretation and demand matching to assist enterprises in expanding and upgrading [4]

Group 1 - The company, Lihong Inspection (01586), announced a conditional agreement to acquire 45% equity in Shaanxi Huaxia Lihong Commodity Inspection Co., Ltd. for RMB 50 million [1] - The acquisition aligns with the company's strategy of embracing AI industry opportunities and aims to enhance its international development blueprint through technological innovation [1][2] - This acquisition is expected to strengthen the company's strategic control, improve decision-making efficiency, and enhance overall core competitiveness [1] Group 2 - The company emphasizes long-term sustainable development and prioritizes shareholder returns, aiming to optimize resource integration for sustainable business growth [2] - By leveraging AI technology, the company seeks to enhance service capabilities and strengthen market competitiveness, solidifying its leading position in the energy bulk inspection sector [2] - The acquisition is part of the company's strategy to maximize enterprise value and optimize shareholder value and returns [2]