Core Viewpoint - Dayao Town, a key area for the firework industry in Hunan Province, is experiencing a booming production and sales season, showcasing its significance in the global firework market, with one in three fireworks worldwide originating from this town [1] Industry Overview - Dayao Town is recognized as a national model for characteristic towns, with a complete firework industry chain encompassing eight segments, including production, logistics, and tourism, dominating over 70% of the national market for raw materials [1] - The total annual output value of the firework industry chain in Dayao Town is projected to reach 22 billion yuan in 2024, with 476 upstream and downstream enterprises providing employment for 45,000 people and distributing approximately 3 billion yuan in salaries [2] Financial Innovation - The introduction of financial products, such as the "firework logistics financial loan," has transformed previously dormant assets into active capital, enabling companies to leverage their inventory for financing, which has led to significant growth in production value [2] - A specific company reported an increase in production value from 120 million yuan to 170 million yuan after utilizing a 5 million yuan loan, creating 120 new jobs in the process [2] Cultural and Ecological Integration - The development of Dayao Town reflects a broader vision of creating livable and business-friendly rural areas, transitioning from a focus solely on firework production to a more integrated approach that includes talent retention, financial innovation, and cultural tourism [3] - The newly built Li Tian Theater, with an investment of over 10 million yuan, serves multiple purposes, including hosting small firework shows and private events, highlighting the town's commitment to blending industry with cultural experiences [2][3]