Group 1 - Company Amway Co., Ltd. (SZ 300218) announced on November 14 that its seventh board meeting was held to discuss the proposal for the re-election of members of the audit committee [1] - For the year 2024, Amway's revenue composition is as follows: synthetic leather accounts for 98.35%, while other businesses account for 1.65% [1] - As of the report date, Amway's market capitalization is 4 billion yuan [1]

天眼查App显示，近日，临泉县富鼎皮革制品销售有限公司成立，法定代表人为韩冉，注册资本100万 人民币，经营范围为一般项目：皮革销售；皮革制品制造；毛皮制品加工；化工产品销售（不含许可类 化工产品）；制鞋原辅材料销售；机械零件、零部件销售；货物进出口；技术进出口；非居住房地产租 赁；仓储设备租赁服务（除许可业务外，可自主依法经营法律法规非禁止或限制的项目）。 ...

如今，厚源生物的产品广泛用于食品、医药、燃料乙醇等领域。近年来，公司还与中粮生物、正大集团 等龙头企业建立了长期稳定的绿色供应链合作。 厚源生物的转型故事，正是孟州市产业升级、绿色转型的一个生动缩影。 党的二十届四中全会提出，加快经济社会发展全面绿色转型，建设美丽中国。 11月11日，在孟州市厚源生物科技有限公司（以下简称"厚源生物"）数字化集成控制中心，锅炉蒸汽流 量、烟气含氧量、循环水电耗、车间设备电耗等数据，实时跳动在智能化操作系统显示屏上。 "过去管理能耗靠经验、靠估算，现在靠数据。"该公司总经理汤瑞安深有感触，"这个系统就像给工厂 装上了'碳足迹X光机'，哪个环节在'浪费'，哪里可以'优化'，一目了然。" 数据赋能的改变，实实在在落在了效益与环保的"账本"上。依托这套智能系统，厚源生物精准锁定节能 靶点，推进锅炉烟气余热回收和蒸汽冷凝水循环利用两大关键项目，年节约标煤达1800余吨，减少二氧 化碳排放约4700吨。 在该公司生产环节，其节能降碳"组合拳"打得既精准又全面：生产线照明集体"换装"节能灯具，老旧空 压机升级为永磁变频节能机组，大功率设备加装变频器"控电"，生产线设备更新技改"提效"…… ...

Core Viewpoint - The company Xinyi Technology (002674.SZ) has confirmed that its subsidiary, Hongxing Automotive Leather, supplies interior leather to various automotive brands, including Zun Jie, NIO, and Ideal, but has not yet established a business relationship with XPeng Motors [1] Group 1 - The subsidiary Hongxing Automotive Leather is a supplier of interior leather for multiple automotive brands [1] - Current clients include Zun Jie, NIO, and Ideal [1] - No existing business cooperation with XPeng Motors [1]

Core Viewpoint - Amway Co., Ltd. (SZ 300218) announced an investor survey scheduled for November 11, 2025, where company executives will address investor inquiries [1] Group 1: Company Overview - Amway's revenue composition for the year 2024 is as follows: synthetic leather accounts for 98.35% and other businesses account for 1.65% [1] - As of the report, Amway's market capitalization stands at 3.9 billion yuan [1]

Core Viewpoint - The major shareholder of Xingye Technology plans to reduce its stake in the company by up to 8.8665 million shares, representing 3% of the total share capital, within three months after the announcement date [1] Summary by Category - **Shareholder Actions** - The major shareholder, Chunhong Investment, intends to reduce its holdings through centralized bidding and block trading methods [1] - The reduction will occur within three months following the announcement, starting fifteen trading days after the disclosure [1]

Group 1 - The Ministry of Education has issued a notice to reduce the non-educational workload of primary and secondary school teachers, prohibiting various non-educational activities and limiting the number of social exams each school can undertake to no more than five per year [1] - The notice also states that teachers should not be required to perform duties during holidays or when students are not present, and after-school services should align with local working hours [1] Group 2 - The Ministry of Commerce, along with four other departments, has adjusted the management directories for the export of controlled chemicals, adding the United States, Mexico, and Canada to the list, along with 13 specific chemicals [2] - Exporting these chemicals to the specified countries will now require a permit, while exports to other countries will not [2] Group 3 - The National Market Supervision Administration has approved seven national standards in the leather industry, focusing on raw material quality and physical performance testing methods [3] - These standards aim to enhance product quality assessment and ensure consistency in testing environments for color fastness [3] Group 4 - The Ministry of Commerce announced a one-year suspension of countermeasures against five U.S. subsidiaries of Hanwha Ocean, following the U.S. decision to pause its investigation into China's maritime and logistics sectors [4] - This decision is effective from November 10, 2025 [4] Group 5 - The Ministry of Transport has also announced a one-year suspension of special port fees for U.S. vessels, aligning with the suspension of the U.S. investigation measures [5] - This suspension is effective from November 10, 2025 [5] Group 6 - The China Meteorological Administration has initiated a Level 3 emergency response due to Typhoon "Phoenix," which is expected to strengthen and make landfall in Taiwan [7] - The typhoon is predicted to bring severe weather conditions, including strong winds and heavy rainfall to southeastern coastal areas [7] Group 7 - The National Health Commission has reported a significant rise in flu activity across the country, indicating the onset of the flu season, with southern regions experiencing higher levels than northern regions [8] - The flu virus is expected to be a major pathogen for respiratory infections this winter and spring [8] Group 8 - The Ministry of Industry and Information Technology has revised the implementation measures for the sales licensing of civil explosives, which will take effect on January 1, 2026 [9] - The revisions aim to enhance regulatory frameworks, licensing procedures, and supervision measures [9] Group 9 - The State-owned Assets Supervision and Administration Commission reported that central enterprises completed fixed asset investments exceeding 3 trillion yuan in the first three quarters, with a growth rate of over 3% [10] - Investments in emerging industries accounted for approximately 40% of the total [10] Group 10 - The National Development and Reform Commission emphasized the need for state-owned enterprises, especially central enterprises, to actively open up their main business areas to foster innovation and collaboration with private enterprises [11] - The commission's guidelines aim to enhance the allocation of scene resources and promote participation from various market entities [11] Group 11 - The National Development and Reform Commission and the National Energy Administration have released guidelines to establish a multi-level renewable energy consumption and regulation system by 2030 [12] - The goal is to ensure that new electricity demand is primarily met by renewable energy sources, supporting carbon peak targets [12][13]

Core Viewpoint - Recently, Aoheng Technology (Tengzhou) Co., Ltd. was established with a registered capital of 3 million RMB, indicating a focus on various technology and manufacturing sectors [1] Company Overview - The legal representative of Aoheng Technology is Li Shizhou [1] - The registered capital of the company is 3 million RMB [1] Business Scope - The company operates in several areas including: - Technical services, development, consulting, exchange, transfer, and promotion [1] - New materials technology research and development [1] - Processing of fur products and manufacturing of leather products [1] - Manufacturing and sales of specialized equipment for processing leather and fur [1] - Sales of leather products and leather [1] - Repair services for shoes and leather [1] - Acquisition of livestock and poultry [1] - Sales of industrial animal oil chemicals and primary agricultural products [1] - Operation of centralized fast charging stations and electric vehicle charging infrastructure [1]

Group 1 - Amway Co., Ltd. (SZ 300218) announced that it will accept a research visit from Industrial Securities on October 31, 2025, with participation from the company's board secretary and deputy general manager, Liu Songxia, to address investor inquiries [1] - For the year 2024, Amway's revenue composition is as follows: synthetic leather accounts for 98.35% and other businesses account for 1.65% [1] - As of the report, Amway's market capitalization stands at 3.7 billion yuan [1]

Core Insights - The report by Zhiyan Consulting analyzes the current market status and industry trends of the leather industry in China from 2025 to 2031, highlighting a significant decline in imports of cowhide and horsehide leather in August 2025 compared to the previous year [1]. Group 1: Import Data - In August 2025, the import volume of cowhide and horsehide leather in China was 41,400 tons, representing a year-on-year decrease of 25.1% [1]. - The import value for the same period was $9.1 million, which reflects a year-on-year decline of 26.5% [1]. Group 2: Industry Analysis - Zhiyan Consulting is recognized as a leading industry consulting firm in China, specializing in in-depth industry research reports, business plans, feasibility studies, and customized services [2]. - The firm emphasizes its commitment to providing comprehensive industry solutions to empower investment decisions through professional insights and market intelligence [2].