Group 1: Trade Data and Growth - In 2024, China's total goods trade import and export value reached 43.85 trillion yuan, a year-on-year increase of 5% [1] - Jiangsu Province's goods trade import and export value in 2024 was 5.62 trillion yuan, marking a historical high with a year-on-year growth of 7% [1] Group 2: Company Performance and Market Expansion - Niu Technologies held a product launch on May 8, 2024, showcasing new electric scooters and smart electric vehicles, achieving a revenue of 5.112 billion yuan in Q1, a year-on-year increase of 99.52% [2] - Niu Technologies has been expanding its overseas factories and increasing investments in markets such as Europe and Australia [4] - Changzhou's foreign trade import and export value reached 83.68 billion yuan in Q1, a year-on-year increase of 12.8%, with significant growth in trade with the EU and ASEAN [4] Group 3: Manufacturing and Export Achievements - Jiangsu Guohua Tower Manufacturing Co., Ltd. has expanded its business to over 50 countries, focusing on direct exports, particularly to Australia, Mexico, and Paraguay [6] - The company has transitioned from small orders to larger orders, benefiting from policy incentives and tariff reductions [6] - Jiangsu Jiangnong New Materials Co., Ltd. produces ammonium sulfate with a daily capacity of 6,000 tons, exporting primarily to South America, Oceania, and Southeast Asia [7] - The company has a leading R&D team and production management, achieving a 100% pass rate in customs inspections [7]