Core Viewpoint - The company intends to renew the "Technical Service Framework Agreement" with Beijing State-owned Assets Management Company to continue their transactions, which is crucial for maintaining ongoing business relationships and service provisions [1] Group 1: Agreement Details - The renewal agreement will be signed on October 31, 2025, and will be effective until December 31, 2028, covering electronic certification and other IT products and services provided by Beijing State-owned Assets Management Company [1] - The company will provide software development and other IT products and services to Beijing State-owned Assets Management Company under the renewed agreement, with the technical service amount not exceeding the annual cap set for related transactions [1] Group 2: Shareholding Structure - The company's controlling shareholder is Beijing Data Group, which holds approximately 48.30% of the issued share capital, and is fully owned by Beijing State-owned Assets Management Company [1] - Additionally, Beijing State-owned Assets Management Company, through its wholly-owned subsidiary, holds about 15% of the company's issued share capital, classifying it as a related party under the Listing Rules [1]

Core Points - The signing of the China-ASEAN Free Trade Area 3.0 upgrade protocol during the 47th ASEAN Summit on October 28 aims to enhance economic cooperation and support multilateral free trade amidst global uncertainties [2][3] - The 3.0 version introduces significant upgrades in nine areas, marking a shift from previous agreements and indicating a new development phase for the China-ASEAN Free Trade Area [2][4] Summary by Sections Trade and Economic Cooperation - The original goal of the China-ASEAN Free Trade Area was to eliminate all tariffs and non-tariff barriers on goods trade, achieving over 90% zero tariffs by 2010 [3] - The 2.0 version aimed for a bilateral trade volume of $1 trillion and $150 billion in mutual investment by 2020, focusing on enhancing the liberalization of goods trade [3] Supply Chain Connectivity - The 3.0 version emphasizes supply chain connectivity, addressing issues such as the free flow of key products and services, infrastructure connectivity, and collaborative responses to supply chain disruptions [4][5] - It includes provisions related to digital economy, standards, and trade facilitation, which are crucial for building a secure and efficient regional supply chain [5] Emerging Topics - New areas of cooperation in the 3.0 version include digital economy and green economy, which extend beyond traditional trade topics [6][7] - The digital economy section covers measures for seamless digital trade, data management, and cybersecurity, aiming to enhance participation from small and medium enterprises [6] - The green economy focus includes environmental products and services, promoting sustainable economic growth and energy transition [7] Institutional Development - The 3.0 version introduces separate chapters on standards and regulations, competition, and consumer protection, reflecting the need for higher institutional standards in trade agreements [8] - It aims to unify standards and technical regulations, while also enhancing protections for online and tourism consumers, fostering a fair and transparent market environment [8]