Core Viewpoint - Hengyang Hengsu Trading Co., Ltd. has been established with a registered capital of 1 million RMB, indicating a new player in the trading sector focused on various materials and products [1] Company Summary - The legal representative of Hengyang Hengsu Trading Co., Ltd. is Zhang Yan [1] - The company’s registered capital is 1 million RMB [1] - The business scope includes sales of rubber products, engineering plastics, synthetic resins, plastic products, fiberglass reinforced plastic products, specialized chemical products (excluding hazardous chemicals), bio-based materials, and various chemical products [1] - The company is also involved in the research and development of bio-chemical products, plastic surface treatment, rubber product manufacturing, resource recycling consulting, and information technology consulting services [1] - Additional activities include domestic trade agency, internet sales (excluding items requiring permits), and manufacturing of plastic products (excluding projects that require approval) [1]

Core Viewpoint - Shanghai Suyang Trading Co., Ltd. has been established with a registered capital of 500,000 RMB, focusing on various plastic-related products and services [1] Company Summary - The legal representative of Shanghai Suyang Trading Co., Ltd. is Lin Lulu [1] - The company has a registered capital of 500,000 RMB [1] - The business scope includes sales and manufacturing of plastic products, specialized equipment for plastic processing, and various types of plastic packaging [1] - The company is also involved in the sales of engineering plastics and synthetic resins, as well as fiberglass reinforced plastic products [1] - Additional activities include domestic trade agency, import and export of goods and technology, and internet sales [1] - The company is permitted to conduct business activities autonomously based on its business license, except for projects that require approval [1]

Group 1 - In Q1 2025, Hunan Province's import and export to Africa reached 12.48 billion yuan, with exports at 6.72 billion yuan, an increase of 33.2%, and imports at 5.76 billion yuan [1] - Changsha accounted for 52.4% of Hunan's total trade with Africa, with a total of 6.54 billion yuan in imports and exports [1] - General trade was the primary trade method, with 9.95 billion yuan in general trade, making up 79.7% of the total trade with Africa [1] Group 2 - In Q1 2025, private enterprises contributed over 80% of Hunan's trade with Africa, totaling 10.04 billion yuan, while state-owned and foreign-invested enterprises also showed growth [1] - South Africa was the largest trading partner for Hunan in Africa, with trade amounting to 2.63 billion yuan, accounting for 21% of Hunan's total trade with Africa [2] - Electrical machinery, automobiles, and measuring instruments saw significant export growth, with total exports of electrical products reaching 3.48 billion yuan, a 34.8% increase [2] Group 3 - In 2024, the trade volume between China and Africa reached 2.1 trillion yuan, marking a historical high, with China being Africa's largest trading partner for 16 consecutive years [3] - The upcoming Fourth China-Africa Economic and Trade Expo in June 2024 in Changsha will focus on enhancing cooperation in various sectors, including infrastructure and clean energy [3]