Economic Performance - The GDP of Ziyang region grew by 5.9% year-on-year in the first three quarters [2] - The industrial added value above designated size increased by 14.4% year-on-year, maintaining the highest growth rate in the province for 21 consecutive months [2][3] - A total of 157 industrial projects were successfully signed this year, with an investment amount of 21.608 billion [6] Industrial Development - The Ziyang Petroleum Steel Pipe Company is operating at full capacity, producing 150,000 tons of spiral pipes and oil casing by the end of October, exceeding the annual plan by 20,000 tons [4] - The company expects to achieve an annual output of 180,000 tons, generating an estimated revenue of 1 billion [4] - Sichuan Shared Casting Co., Ltd. reported a sales revenue of 130 million in the first three quarters, with an expected annual revenue of 180 million, reflecting an 18% year-on-year growth [4] Project Implementation - The Ziyang region has initiated 118 new projects and put 100 projects into operation this year [6] - The construction of the Beijing Xinghe Power Valley rocket project is underway, expected to be completed in the first half of 2026, with an annual capacity of 30 solid rocket launches [6] - The local government is enhancing project implementation efficiency by ensuring necessary resources for signed but unstarted projects [7] Business Environment - The establishment of the "Enterprise Home" service system has improved the investment confidence of companies, providing timely and professional responses to various inquiries [8][10] - The Ziyang region has collected and resolved 653 enterprise requests since the launch of the service system, significantly enhancing enterprise satisfaction [10]

Core Viewpoint - Minglue Technology successfully listed on the Hong Kong Stock Exchange on November 3, 2025, marking a significant milestone for the company in the enterprise-level data intelligence application software sector [2] Company Overview - Minglue Technology has been operating in the enterprise service sector for 19 years, focusing on extracting data value to assist organizations in realizing commercial value during their intelligent transformation [2] - The company offers a range of innovative application software that integrates complex data analysis and artificial intelligence technologies, providing essential tools for businesses to convert data into actionable commercial insights [2] Service and Support - Ernst & Young acted as the reporting accountant for Minglue Technology, receiving high recognition and praise from the company's management, sponsors, and other intermediaries for their rigorous work ethic, efficiency, and quality audit services [2] - The Ernst & Young team expressed their commitment to continue supporting more enterprises in accessing capital markets [2]