Group 1 - The company has made significant progress with its S600E product, having received patent approval from the China National Intellectual Property Administration in April 2019 [1] - The China National Standardization Management Committee published the national product standard GB/T37430-2019 for S600E in May 2019 [1] - A processing plant with an annual production capacity of approximately 500,000 tons for S600E was inaugurated in Henan Province in June 2019 [1] Group 2 - The company signed a sales agency agreement with a third-party steel company on July 29, 2019, allowing the third party to sell the full range of S600E products in designated areas of China for a three-year term, extendable until June 30, 2036 [1] - The company aims to further enhance its financial position and operational performance through the commercialization of S600E usage by licensing the patent to third-party manufacturers [1] - The company's shares remain suspended from trading [2]