GHMC(SZ:000523)2022-12-08 02:10Group 1: Company Strategy and Operations - The company focuses on its main business while exploring new opportunities along the upstream and downstream of the industry chain [2] - Qihua Network operates as a spot electronic trading platform for spot electronic trading business [2] - Qihua Network plans to provide warehousing and logistics through self-owned or franchised methods [2] Group 2: Market and Financial Insights - The impact of oil prices on the company's gross profit is not significant; raw material prices are generally declining, but this trend will take time to reflect [3] - The company acknowledges that consumer willingness to support environmental initiatives requires a gradual process [3] - The company has received approval from the provincial state-owned assets supervision and administration commission for its capital increase, with the next step being submission for regulatory review [3] Group 3: Land Acquisition and Development - A framework agreement for land acquisition was signed in 2014, with specific arrangements needing further communication with the government [3]