Founded in 1985 and located in Ningbo Qianwan New Area, Ningbo Xingye Shengtai Group's parent company, Xingye Alloy (HK00505), has been listed on the Hong Kong Stock Exchange since 2007. With over 40 years of deep industry experience, the company has established an integrated industrial layout covering the R&D and production of high-performance copper alloy strip and sheet. It currently operates three major manufacturing bases, with an annual comprehensive production capacity of 200,000 tons, which is expected to increase to 250,000 tons by 2027. The company's product portfolio covers nine major categories — including copper strips for integrated circuit lead frames and high-precision strips of bronze, brass, and other copper alloys — comprising nearly 100 alloy grades, making it one of the most comprehensive enterprises in China in terms of product variety. Its products are widely used in aerospace, new energy, and other industries, and are exported to more than 50 countries and regions. The company's annual export volume accounts for 25% of China's total, ranking first in the industry for many consecutive years. Leveraging years of R&D experience, the company has undertaken more than 20 national-level scientific research projects and invests over RMB 200 million in R&D annually. It boasts platforms such as a National Enterprise Technology Center and a Postdoctoral Research Workstation, continuing to lead the high-precision copper strip sector. Looking to the future, Xingye is committed to becoming the "world's leading professional provider of copper-based alloy strip and foil materials," while building a modern group characterized by "employee well-being, customer delight, shareholder satisfaction, and social recognition.