Core Insights - Guangzhou Light Industry Group successfully held the results release of its innovation and entrepreneurship sector and the global investment promotion conference for Wuyang Smart Plaza, highlighting the operational strength of its subsidiary, Xincheng Company, under the listed company Hongmian Co., Ltd. [2] Group 1 - Xincheng Company operates the "T.I.T" brand parks, which have reached 9 in total, with an operational area exceeding 300,000 square meters [2] - The company has achieved significant results through its external expansion system of "capital empowerment + model shaping + networking," continuously exceeding performance commitments for two consecutive years, becoming a core growth engine for Hongmian Co., Ltd. [2][3] - The operational parks have formed an industrial ecosystem focusing on artificial intelligence, cultural creativity, and new business incubation, driving the layout of the Guangdong-Hong Kong-Macao Greater Bay Area industrial cluster [3] Group 2 - Xincheng Company employs a "repairing old as old" micro-renovation concept to create quality industrial spaces, exemplified by the T.I.T Innovation Park, which focuses on biomedicine and scientific innovation manufacturing [3] - In 2024, Hongmian Co., Ltd. reported a non-recurring net profit of 77.14 million yuan, a substantial increase of 85.21% year-on-year, and for the first nine months of 2025, the non-recurring net profit reached 77.17 million yuan, a year-on-year growth of 13.87% [3] - The ongoing support from Guangzhou Light Industry Group is expected to enhance Hongmian Co., Ltd.'s operational management and service quality, laying a solid foundation for sustained performance growth [4]