Core Viewpoint - The Ministry of Commerce, along with eight other departments, has issued a document titled "Several Policy Measures to Promote Service Exports," which includes 13 specific measures to provide comprehensive policy support for service exports [1][3]. Group 1: Policy Measures - The document outlines 13 policy measures focusing on financial support, process optimization, risk assurance, and market expansion to enhance service exports [1]. - Key areas of focus include optimizing the zero tax rate declaration process for service exports and improving the convenience of inbound consumption [3][5]. Group 2: Market Expansion and Regulatory Facilitation - The measures aim to break down barriers in personnel, capital, and data flow, thereby creating a more favorable environment for service exports [5]. - The document emphasizes the importance of expanding international market channels and enhancing the role of intermediary organizations in supporting enterprises to enter international markets [5][7]. Group 3: New Initiatives - New initiatives include encouraging the development of international data services and supporting enterprises in participating in domestic and international exhibitions [3][7]. - The focus on knowledge-intensive service sectors, such as digital services and intellectual property, is expected to enhance China's international competitiveness in service trade [3].

Core Viewpoint - The company has identified "technology + supply chain" as a core strategy for international expansion in 2023, focusing on providing a range of products and services to global clients [1]. Group 1 - The company is actively offering R&D design, production line design, technology licensing, and core components to international clients [1]. - The company has successfully established its business in various overseas markets, including Japan and Eastern Europe [1]. - As the business ecosystem matures, the company plans to offer comprehensive services including R&D, manufacturing, and sales to empower global clients in their electrification and intelligent transformation [1].

Core Viewpoint - Xiamen Jihong Technology Co., Ltd. (referred to as "Jihong Co., Ltd." 002803.SZ) has officially listed on the Hong Kong Stock Exchange, marking a significant milestone as the first A+H listed company in Xiamen and the fifth A-share company to list on the Hong Kong Stock Exchange this year [1][4]. Company Overview - Jihong Co., Ltd. was established on December 24, 2003, and was listed on the Shenzhen Stock Exchange on July 12, 2016. The company specializes in providing integrated services including marketing strategy, product design, process design, technical planning, transportation, and logistics [5]. - The company operates 10 large packaging production bases across China and has established close partnerships with clients such as Yili and Luckin Coffee. In 2022, it was ranked 5th among the "Top 100 Printing and Packaging Enterprises in China" by Printing Manager magazine [5]. IPO Details - The IPO involved a global offering of H-shares with a base issuance of 67.91 million shares, raising approximately HKD 519 million (around RMB 478 million). The funds will be used for overseas market expansion, technology development, and brand portfolio enhancement [4]. - Upon opening, Jihong Co., Ltd.'s shares surged to HKD 11 per share, a 43.23% increase from the issue price of HKD 7.68, and reached a peak increase of 52.34% at HKD 11.70 [1]. Business Performance - For the years 2022 to 2024, Jihong Co., Ltd. projected revenues of RMB 5.376 billion, RMB 6.695 billion, and RMB 5.529 billion, respectively. The cross-border e-commerce business is expected to contribute RMB 3.107 billion, RMB 4.257 billion, and RMB 3.366 billion, accounting for 57.8%, 63.6%, and 60.9% of total revenue [10]. - The company ranks second among B2C export e-commerce companies in China with a market share of 1.3% and holds the first position in the domestic paper packaging market for fast-moving consumer goods with a market share of 1.2% [10]. Future Plans - Jihong Co., Ltd. aims to expand its business footprint in Asia, particularly in Indonesia and Vietnam, while also planning to steadily enter the European market and explore high-growth potential regions in Latin America [11].