Group 1 - The establishment of the Huzhou Capital Market Development Promotion Association aims to enhance services for companies seeking to go public and improve the quality of listed companies [1][2] - The association is a local, non-profit organization formed voluntarily by listed companies, prospective listed companies, intermediary institutions, financial institutions, and investment institutions [1] - The first president of the association is Gao Xingjiang, chairman of Yongxing Special Materials Technology Co., Ltd. [1] Group 2 - The association serves as a bridge between the government and the market, creating a platform for local entrepreneurs to collaborate and share resources [2] - The association will guide companies in standardized operations, promote deeper cooperation among enterprises, and assist in their growth [2] - It will also focus on promoting the spirit of local businesses and creating an environment that encourages companies to leverage the capital market for expansion [2]

Core Viewpoint - The release of the 2024 ESG report marks a significant milestone for the company, integrating sustainable development into its core strategy and enhancing governance and transparency [1][6]. Company Overview - Established in 1987 and listed in 2009, the company specializes in the research and production of corrosion-resistant, high-temperature, and high-pressure stainless steel and special alloy products, forming a complete industrial chain [2][3]. - The company has received numerous national and provincial honors, including high-tech enterprise and national technology innovation demonstration enterprise [2]. ESG Commitment - The global focus on ESG performance has intensified, with the company positioned in the special materials manufacturing sector, contributing to clean energy and infrastructure [3][4]. - The company aims to become a benchmark for green development in the industry by 2025 and achieve carbon peak by 2030, targeting a 2.23% reduction in carbon intensity and a 4.07% reduction in carbon footprint compared to 2023 [4]. Clean Energy Initiatives - The company is actively promoting clean energy usage, with plans to build rooftop solar power stations and procure green electricity, achieving approximately 90 million kWh of green electricity usage by the end of 2024 [5]. - The share of solar and liquefied natural gas energy has increased to 15% and 60%, respectively, with reductions in natural gas and electricity consumption per ton of steel produced [5]. Innovation and R&D - The company emphasizes technological innovation as a core driver of development, with R&D investment reaching 360 million yuan in 2024 and achieving significant breakthroughs in various key materials [6][7]. - The company has successfully developed the first domestic environmentally friendly epoxy chloropropane alloy pipe and made advancements in nuclear energy materials [7]. Compliance and Investor Relations - The company adheres to various laws and regulations, enhancing its commercial ethics and anti-fraud mechanisms to ensure a fair and transparent operating environment [9]. - In 2024, the company repurchased shares worth 383 million yuan and distributed cash dividends of 9.20 billion yuan to shareholders, reflecting its commitment to investor interests [9].

Group 1 - Shanxi Yinseng Technology Co., Ltd. is enhancing its research capabilities by collaborating with Taiyuan University of Technology, which has led to a one-third reduction in R&D cycles [1] - The company specializes in producing special materials using high-temperature annealing processes, which are essential for transformer manufacturing [1] - Jinzhong City is actively promoting the integration of educational resources and industrial innovation through various initiatives, including the establishment of production and research alliances [2] Group 2 - Jinzhong City has a unique concentration of educational resources with 21 universities and 346,000 students, which is being leveraged for innovation and development [2] - The city government plans to open university campuses and facilities to the public starting in 2024, enhancing community engagement and collaboration [2] - Jinzhong has established several provincial-level industry colleges to strengthen local economic development and educational resources [3] Group 3 - Jinzhong City is facilitating the transformation of scientific research into practical applications by organizing events like "Science and Innovation Jinzhong" to connect enterprises with universities [4] - The city is focusing on key technology research in eight major industries, providing financial support to innovation platforms to accelerate the conversion of scientific achievements into productive forces [4] - Collaborative projects have resulted in significant technological advancements, such as the development of a kilometer-level spray machine and the application of filling mining technology [5] Group 4 - By the end of 2024, Jinzhong City has signed 352 cooperation agreements with various educational institutions, with 258 focused on technological innovation, totaling 128 million yuan [5] - The city is transitioning from a resource-based economy to an innovation-driven one, emphasizing the importance of university collaboration in achieving high-quality development [5]