Core Insights - The National Inspection and Testing High-tech Service Industry Cluster Area (Jianzhou New City Industrial Park) has officially opened in Chengdu, Sichuan, positioning itself as a core hub for the inspection and testing industry in the city [1] - The park's first phase covers 6.8 hectares and includes laboratory buildings, functional service centers, and residential facilities, promoting a collaborative development model integrating production, education, research, government, innovation, and services [1] - The industrial park focuses on a "3+1+N" inspection and testing industry system, supporting key sectors such as new energy vehicles, aerospace, and new energy materials, while leveraging new generation information technology as an innovation driver [1] Industry Development - The Jianzhou New City Industrial Park is strategically located within the Chengdu-Chongqing Economic Circle, providing multiple advantages for industry growth [1] - Future plans for the park include establishing an intelligent technology inspection and testing center, a new industry inspection and testing base, and a multi-dimensional industry cluster demonstration area [1] - The Chengdu Market Supervision Administration aims to enhance innovation models through collaboration with multiple departments, reducing R&D costs for enterprises via public technology platforms and fostering innovation projects through industry funds [1] Business Collaboration - Initial resident enterprises plan to utilize the park's public technology platform, industry funds, and industry alliances to accelerate technological innovation and standard-setting [1] - The goal is to assist Chengdu in becoming a new industrial highland through these collaborative efforts [1]

Group 1 - The event recognized 60 individuals and 30 companies for their contributions to the non-public economy in Shenzhen, highlighting their roles in high-quality development [1] - The recognition aims to encourage non-public economic entities to focus on integrity, law-abiding operations, and to contribute to Shenzhen's goal of becoming a globally influential economic center [1] Group 2 - The list of "Outstanding Builders" includes entrepreneurs from hard technology and electronic information sectors, indicating a strong focus on innovation and industry depth [2] - Notably, representatives from the new economy, such as Tencent Music and WeBank, reflect the cluster advantage of Shenzhen's non-public economic forces in digital economy and fintech [2] - The inclusion of grassroots service providers in the list signifies a broader recognition of the role of small market entities in enhancing employment and public welfare [2] Group 3 - The 30 companies awarded the "Contribution Award" demonstrate a high degree of integration between social responsibility and industrial empowerment [3] - Companies like SF Express and Huace Testing are recognized for their contributions to emergency logistics and quality improvement in industries, respectively [3] - The awardees illustrate a shift in Shenzhen's non-public economy from scale expansion to quality enhancement and from individual efforts to collaborative success [3]

Group 1 - The event recognized 60 individuals and 30 companies for their contributions to the non-public economy in Shenzhen, highlighting their roles in high-quality development [1] - The recognition aims to inspire non-public economic actors to focus on integrity and law-abiding practices while contributing to Shenzhen's goal of becoming a globally influential economic center [1] Group 2 - The 60 recognized individuals predominantly represent sectors with a strong focus on technological innovation and deep industry engagement, including leaders from hard tech and electronic information industries [2] - Notably, there is a significant representation from the new economy sector, indicating a cluster advantage in digital economy and fintech within Shenzhen's non-public economic landscape [2] - The inclusion of grassroots service providers and individual entrepreneurs challenges the stereotype that "excellent builders" are solely large enterprise leaders, reflecting Shenzhen's recognition of the role of small market entities in employment and livelihood [2] Group 3 - The 30 awarded companies demonstrated a high degree of integration between social responsibility and industrial empowerment, with firms like SF Express and Huace Testing contributing to public welfare through their core business operations [3] - The awards signal a shift in Shenzhen's non-public economy from "scale expansion" to "quality enhancement," emphasizing collaboration and mutual benefit among enterprises [3] - Shenzhen's private enterprises are increasingly seen as key players in driving high-quality urban development and supporting the modernization of China through diverse contributions [3]

Core Viewpoint - The company aims to become a comprehensive inspection, testing, and certification organization with a focus on technology-driven quality ecosystems, emphasizing sustainable development and innovation [1] Group 1: Company Mission and Vision - The company is committed to the mission of "empowering quality ecosystems through technology" and adheres to a collaborative philosophy of "co-consultation, co-construction, and co-sharing" [1] - The company prioritizes customer-centric approaches and values the contributions of its workforce, aiming for sustainable development and continuous innovation [1] Group 2: Strategic Focus Areas - The company plans to deepen its investment in sectors such as new energy, dual carbon initiatives, biomedicine, and consumer goods [1] - There is a commitment to expanding overseas markets by establishing localized operational teams to provide region-specific testing and certification services [1] Group 3: Competitive Strategy - The company aims to enhance its international market share by collaborating with internationally recognized institutions to obtain international certification qualifications [1] - The strategy includes a "one test, multiple certifications" approach, gradually building a new industry cultivation model that integrates technology breakthroughs, industry aggregation, and capital-driven initiatives to enhance overall competitiveness [1]

Group 1 - The China Quality (Nanjing) Conference was successfully held on September 16, focusing on "Quality: Empowering New Quality Productivity" [1] - The event highlighted the participation of Taicang Deqi Keren-Libers Co., Ltd. as the only foreign enterprise representative from Suzhou, showcasing the company's strength and the support from the Taicang Market Supervision Bureau [1][5] - TUV Rheinland President Dr. Fu Bi was invited by the head of the National Market Supervision Administration to attend the conference, indicating the importance of quality standards in the industry [1] Group 2 - The Taicang Market Supervision Bureau is promoting the continuous improvement of quality competitiveness among German enterprises through a three-pronged approach, focusing on quality benchmarks, service infrastructure, and resource support [2] - Efforts include guiding enterprises to adopt a "quality first" value orientation, establishing high-quality service teams, and facilitating awards and certifications to enhance the brand image of "Taicang Manufacturing, German Quality" [2] - A strategic cooperation agreement was signed with VDE Testing and Certification Institute, aiming to conduct 58 training and expert discussion events by 2025, serving over 2,000 enterprise management personnel [2] Group 3 - The establishment of the Frankfurt Sino-German Standardization Cooperation Innovation Center marks a significant step in exploring the "Taicang Model" for standard system openness, enhancing Sino-German industrial cooperation [3] - The center aims to facilitate long-term cooperation mechanisms and has already hosted over 20 international standardization training and industry promotion events [3] - Collaborative projects include the construction of a high-end equipment manufacturing (Sino-German) technology standard innovation base, with significant contributions to international and domestic standard development [3] Group 4 - A comprehensive intellectual property service system is being established to support the innovation needs of German enterprises, including a one-stop service center for intellectual property guidance [4] - The Taicang Intellectual Property Protection Center has organized training sessions for over 60 enterprises, enhancing their intellectual property management capabilities [4] - Financial support is being increased through a "government-enterprise-bank" cooperation platform, successfully facilitating 120 million yuan in intellectual property pledge financing for German enterprises since 2024 [4]

Group 1: Research Basic Information - The research object is Zhongji Certification and Inspection Co., Ltd., and the reception time is August 26, 2025. The listed company's reception staff includes the chairman, general manager, independent director, board secretary, chief accountant, and sponsor representative [16] Group 2: Detailed Research Institutions - The reception object is all investors who participated in the company's 2025 semi - annual online performance briefing online, and the reception object type is others [19] Group 3: Main Content Business Strategy and Achievements - The company has constructed a "3 + 1+3" business strategic layout. In business layout, it continues to strengthen its original businesses, builds key testing bases, promotes business development in regions like the Greater Bay Area, and makes strategic investments in new fields and promotes green services. In terms of technology innovation, it has 7 provincial - level scientific and technological innovation platforms, participates in standard - making, and has a large number of patents and software copyrights [23][24] Response to Industry Standards - The National VII emission standard has not been officially released. The company will continue to follow the standard - setting process and strive to participate in technical discussions [23] Artificial Intelligence and Technology Application - The company has accumulated testing technologies in fields such as driverless vehicles and intelligent connected vehicles and has achieved application, especially having R & D penetration testing and regulatory testing capabilities in the intelligent connected vehicle information security field [25] Business Revenue and Profit - In the first half of 2025, the company's operating income was 388.0468 million yuan, a year - on - year increase of 1.46%, and the net profit attributable to shareholders of the listed company was 73.1521 million yuan, a year - on - year increase of 7.24%. The faster profit growth is mainly due to the increased proportion of testing business revenue with higher gross profit margins [23][29] Carbon - related Business - The company has carried out carbon - related services such as enterprise greenhouse gas verification and carbon neutrality evaluation, can provide customized carbon - peak and carbon - neutral action plans, and has built relevant certification technology platforms [26] Accounts Receivable - Affected by the current automotive market environment, the company has made bad debt provisions for accounts receivable of some enterprises in the industrial chain. It will strengthen accounts receivable management and promote collection [27] Low - altitude Economy - The company obtained drone testing qualifications in 2022. It is implementing a smart emergency equipment testing industrial park project in Yanqing, Beijing, with an investment of about 580 million yuan, aiming to build a high - end testing and verification platform for the low - altitude economy [27] Zero - carbon Factory Certification - The company is involved in the standard construction of the industry's carbon - neutral ecosystem, has been included in relevant service provider lists, and has the ability to provide integrated green services [28] Stock Price - The company focuses on its main business, and its operating conditions are normal. The asset - liability ratio is 23.21%, and the financial situation is relatively stable [29] Mergers and Acquisitions Plan - In 2024, the company established an investment management department and plans to make strategic investments in new fields and regions to build an integrated service capacity [29]

Financial Performance - The company reported a total revenue of 2.96 billion yuan for the first half of 2025, representing a year-on-year increase of 6.05% [1] - The net profit attributable to shareholders reached 467 million yuan, up 7.03% year-on-year [1] - In Q2 2025, total revenue was 1.673 billion yuan, with a year-on-year growth of 4.62%, and net profit was 331 million yuan, increasing by 8.89% [1] - Gross margin improved to 49.59%, a slight increase of 0.14% year-on-year, while net margin rose to 15.69%, up 0.03% [1] - The company’s operating cash flow per share surged to 0.1 yuan, a remarkable increase of 686.93% year-on-year [1] Financial Metrics - The company’s total expenses (selling, administrative, and financial) amounted to 692 million yuan, accounting for 23.38% of revenue, an increase of 1.15% year-on-year [1] - Earnings per share (EPS) increased to 0.28 yuan, reflecting a year-on-year growth of 7.18% [1] - The net asset value per share rose to 4.29 yuan, a 12.12% increase compared to the previous year [1] Changes in Financial Items - Construction in progress saw a significant increase of 107.9% due to new base construction investments [3] - Short-term borrowings decreased by 100% as the company repaid its short-term loans [4] - Accounts receivable increased by 15.22%, indicating higher customer payments [1][5] - The company experienced a 67.58% decrease in trading financial assets due to redemptions [5] - Other current liabilities increased by 42.4%, attributed to an increase in discounted receivables [9] International Expansion Strategy - The company has accelerated its overseas acquisitions, signing contracts with entities in Vietnam, Europe, and South Africa [15] - The international strategy focuses on meeting certification needs, enhancing business collaboration, and targeting high-growth regions like Southeast Asia and Africa [16] - The company aims to increase the proportion of overseas business revenue, which has shown a gradual upward trend this year [16]

Group 1 - The Shanghai International Carbon Neutral Technology, Products and Achievements Expo was held from June 5 to 7, 2025, showcasing the growth of technology and product innovation in various sectors in China, including automotive, new materials, new energy, semiconductors, and pharmaceuticals [1] - SGS, a globally recognized testing, inspection, and certification organization, highlighted the importance of third-party testing and certification services for Chinese manufacturers to gain market access and customer recognition [1] - There is a discrepancy between domestic and international standards in China, which affects the export of Chinese products and the entry of foreign products into the Chinese market [1] Group 2 - SGS aims to become a promoter and practitioner of sustainable development in China, focusing on carbon reduction, energy management, and green supply chains [1] - The company plans to develop more customized testing and certification service solutions tailored to the characteristics and needs of the Chinese market [2] - SGS will increase its R&D investment in China, advance digital transformation, and deepen collaboration with local enterprises and research institutions to attract and cultivate talent [2]