Group 1 - The implementation of the "Two New" policies in Qinghai Province has effectively stimulated investment and consumer confidence from May 2024 to May 2025 [1] - Key sectors such as non-ferrous metals and steel industries saw significant increases in equipment purchases, with invoice amounts rising by 2.8 times and 92.1% respectively [1] - The overall sales revenue in key sectors increased by 4.3% year-on-year, surpassing the provincial average growth rate by 9.2 percentage points [1] Group 2 - The "old for new" consumption policy has led to a notable rise in retail sales of household appliances, with refrigerator sales increasing by 1.1 times and television sales by 36.6% [2] - Smart home products, particularly furniture and sanitary ware, experienced substantial growth, with sales increasing by 55.4% and 27.1% respectively [2] - The overall retail sales revenue in the province grew by 4.8% year-on-year, exceeding the provincial average growth rate by 9.7 percentage points, highlighting the role of consumption in driving economic growth [2]

Group 1: Equipment and Industry Performance - The implementation of large-scale equipment renewal policies has accelerated equipment updates in key sectors, leading to stable production growth [1] - In the period from May last year to May this year, the invoice amounts for machinery equipment purchases in the non-ferrous and steel industries increased by 2.8 times and 92.1% respectively [1] - The sales revenue from key sectors achieved a year-on-year growth of 4.3%, surpassing the provincial average growth rate by 9.2 percentage points [1] Group 2: Consumer Goods and Market Trends - The consumption of home appliances has increased significantly, with retail sales of refrigerators and daily household appliances rising by 1.1 times and 36.6% respectively [2] - The retail sales of smart home products, particularly furniture and sanitary ware, saw substantial growth, with increases of 55.4% and 27.1% respectively [2] - The "old-for-new" policy for automobiles has led to a year-on-year increase of 11.8% in new car retail sales across the province [2] - Overall, the retail sales revenue in the province grew by 4.8% year-on-year, exceeding the provincial average growth rate by 9.7 percentage points, highlighting the role of consumption in driving economic circulation and high-quality development [2]

Core Points - Nanjing CIGU Technology Corp., Ltd. was established as a joint-stock company in accordance with the Company Law of the People's Republic of China and other relevant regulations [3][4] - The company was approved by the Shanghai Stock Exchange for its initial public offering (IPO) on September 19, 2022, and listed on September 21, 2022, with a total of 17.8153 million shares issued [4] - The registered capital of the company is RMB 71.6523 million, fully paid as of September 25, 2024 [4] - The company aims to create a frictionless world and a green ecological economy, focusing on human-centered values [6] Company Structure - The company is governed by its articles of association, which serve as a binding legal document for the organization and behavior of the company, shareholders, and management [4][10] - The company has a board of directors, with the chairman serving as the legal representative [4][10] - Shareholders can sue each other or the company’s management, and disputes should first be resolved through negotiation [5][10] Business Scope - The company’s business scope includes research, production, and sales of electromechanical equipment, energy-saving and environmental protection equipment, teaching equipment, experimental instruments, electronic products, electrical equipment, software, and automotive parts [6] - The company is also involved in energy-saving technology development, promotion services, technical consulting, energy management contracts, and import-export business [6] Share Structure - The company’s shares are issued in the form of stocks, with a total of 71.6523 million shares, all of which are ordinary shares with a par value of RMB 1 per share [20] - The shares are held by ten founding partners, with 100% of the initial share capital subscribed by them [20] - The company does not provide financial assistance to individuals or entities purchasing its shares [7] Shareholder Rights and Responsibilities - Shareholders have rights to dividends, attend and vote at shareholder meetings, supervise company operations, and request information [12][13] - Shareholders holding more than 5% of voting shares must report any pledges of their shares to the company [38] - The company’s major shareholders and actual controllers are prohibited from harming the interests of the company or other shareholders [15][40] Shareholder Meetings - The company holds annual and extraordinary shareholder meetings, with the annual meeting required to be held within six months after the end of the previous fiscal year [44] - Shareholder meetings must be convened in accordance with legal and regulatory requirements, and shareholders can propose agenda items [56][57] - The company must provide sufficient notice and information to shareholders regarding meeting details and agenda items [58][59]