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China Railway Construction Group Co., Ltd., formerly known as the Railway company of the Chinese People's Liberation Army, is now a large-scale construction enterprise managed by the State-Owned Assets Supervision and Administration Commission of the State Council. On November 5, 2007, it exclusively initiated the establishment of China Railway Construction Co., Ltd. (CRCC) in Beijing. It was listed in Shanghai and Hong Kong on March 10 and 13, 2008 (A-share code 601186, H-share code 1186), with a registered capital of 13.58 billion yuan. China Railway Construction is one of the most powerful and large-scale ultra-large comprehensive construction groups in the world. In 2024, Fortune ranked 43rd among the “World's Top 500 Companies” and has been among the world's top 500 for 19 consecutive years. It is engaged in the construction of railway infrastructure, tunnels, bridges, expressways, airports, and ports.

Xiamen International Trade Group Co., Ltd. (hereinafter referred to as “International Trade Co., Ltd.”) is a state-controlled listed company. It was founded in 1980 and listed on the Shanghai Stock Exchange in 1996. It is a core member company of the Fortune Global 500 International Trade Holding Group (ranked 95th in 2023). It is a national supply chain innovation and application demonstration enterprise, a 5A-level supply chain service enterprise, a state-owned enterprise corporate governance demonstration enterprise, the most socially responsible listed company, and the best employer in China of the year.

China National Offshore Oil Corporation Limited is a large state-owned enterprise approved by the State Council in 1982 and is the largest offshore oil and gas production operator in China.The registered capital of the company is 113.8 billion yuan, and there are 5 holding domestic and foreign listed companies.The company's main business sectors include oil and gas exploration and development, professional technical services, refining and sales, natural gas and power generation, financial services, etc., and actively develop new energy businesses such as offshore wind power.The company ranks 56th in the Fortune Global 500 in 2024.The company's main operating performance indicators are among the forefront of central enterprises, and it has been awarded the A-level of the central enterprise operating performance appraisal of the State-owned Assets Supervision and Administration Commission of the State Council for 20 consecutive times.

China Southern Airlines Group Co., Ltd., referred to as “China Southern Airlines Group”, was established in 1987 and is headquartered in Guangzhou, Guangdong Province. It is a large state-owned air transport group managed by the Central Government. The State-Owned Assets Supervision and Administration Commission of the State Council performs the duties of a funder.

A subsidiary of the Russian VTB Bank specializing in providing factoring services for small, medium and large businesses.

A Russian financial conglomerate, the largest universal bank in Russia and Eastern Europe.

Anhui Jianghuai Automobile Group Co., Ltd. was founded in 1964. It is a global integrated automobile enterprise group integrating the research, production, sales and service of a full range of commercial vehicles and passenger cars, covering many fields such as automobile travel and financial services. It has delivered a total of 10 million products to users around the world. It is an important force in promoting the rise of China's automobile industry. Jiangqi Group accelerates ecological integration and innovates cooperation models.Fully promote the cooperation between Jianghuai and Huawei and deepen the strategic cooperation with Volkswagen Group. Improve cooperation in new industries, and continue to deepen strategic cooperation with Ningde Times, iFlytek, Horizon, etc. to increase win-win cooperation and gather strength for intelligence.

China Aviation Technology International Holdings Co., Ltd. ("AVIC International" for short) is a wholly-owned subsidiary of China Aviation Industry Corporation and the “main force” of international development, including aviation business, advanced manufacturing, overseas public utilities, service and trade business and other four sectors. It owns 6 domestic and foreign listed companies and has overseas institutions in 60 countries and regions around the world. With aviation business as the core, AVIC International focuses on building an aviation supply chain integration service system. Its business areas cover supply chain integration services, aviation industry interconnection + industrial big data platform, international cooperation in aviation technology, aviation standard parts/product integration services, special displays and human-computer interaction, aviation operations and support, and bidding services.

The largest operator of mining data centers and importer of mining equipment in Russia, has now become one of the world leaders in the data center and industrial mining industry.

Shanghai Zhenhua Heavy Industry (Group) Co., Ltd. was established in 1992. It is a state-owned holding A and B-share listed company. The holding company is China Communications Construction Group Co., Ltd. The company is committed to building a series of products such as port machinery, marine engineering, and steel structure. At present, Shanghai Zhenhua Heavy Industry's products have entered 107 countries and regions around the world. It is the world's largest manufacturer of port machinery and equipment, the world's largest provider of automated terminal system solutions, the world's largest carrier of complete machinery and equipment, the world's three largest crane equipment manufacturers and one of the large state-owned steel structure manufacturers.

The Russian manufacturer of household appliances, climate control systems and audio-video equipment, ranks 42nd in the list of the 50 best-selling Russian brands according to Forbes.

Guangdong Seaport Container Service Co., Ltd. was established in 2020. It is a long-term company focused on global container recycling/sale/leasing/storage and maintenance services. The company has cooperative depots in major ports and railway hub cities around the world, which can provide customers with high-quality and stable services.

Harbin Bank was established in July 1997 and is headquartered in Harbin, Heilongjiang Province, China. Now it has set up 17 branches in Tianjin, Chongqing, Dalian, Shenyang, Chengdu, Harbin, Daqing and other places, and 30 village and town banks in 14 provinces (municipalities directly under the Central government) such as Beijing, Guangdong, Jiangsu, Chongqing, and Heilongjiang. On March 31, 2014, Harbin Bank was successfully listed on the main board of the Stock Exchange of Hong Kong. It is the third urban commercial bank in China to land in the Hong Kong capital market and the first listed bank in Northeast China.

A platform for effective dialogue between business, government and public structures of the Russian Federation and Asian countries, which has implemented more than 200 successful joint projects and has more than 1,500 partners in Asian countries.

Sunkiss was founded in 1999 and is headquartered in Hangzhou. It is a professional enterprise engaged in the research and development, production and sales of health care products. It is a national high-tech enterprise, a provincial-level enterprise technology center, and a science and technology-based small and medium-sized enterprise in Zhejiang Province. Its products involve four fields: adult health care products, maternal and child care products, women's hygiene products, and pet care products. It has established cooperative relations with dozens of well-known enterprises at home and abroad, and has become one of the most important nursing products production bases in China.

Shandong Expressway Group is a state-owned capital investment company in the infrastructure field of Shandong Province and a top 500 company in the world, with a registered capital of 45.9 billion yuan and total assets exceeding 1.5 trillion yuan.The group vigorously develops its core infrastructure business, and is committed to building an infrastructure investment, construction and operation service provider with outstanding main business and strong core competitiveness and a leading enterprise in the industry, so as to provide strong support for the construction of a “strong transportation province”. Up to now, Shandong Expressway Group operates and manages 8,745 kilometers of expressways, of which 7,059 kilometers are in the province, accounting for 84% of the province.600350.SH ), Shandong Road and Bridge (000498.SZ ), Shankao Holdings (412.HK ), Qilu Expressway (1576.HK ), Bank of Weihai (9677.HK ), Mountain high-tech energy (1250.HK ) 6 listed companies have been rated with domestic AAA and international A credit ratings.

China Energy Construction Co., Ltd. was established in 2014. It is a joint-stock company jointly initiated by China Energy Construction Group Co., Ltd. (a central enterprise supervised by the State-Owned Assets Supervision and Administration Commission of the State Council) and its wholly-owned subsidiary, the General Electric Power Planning Institute Co., Ltd. On December 10, 2015, it issued H shares for the first time and was listed on the Main Board of the Stock Exchange of Hong Kong Limited. On September 28, 2021, it was listed on the main board of the Shanghai Stock Exchange. The company has entered the world's top 500 for 11 consecutive years, ranking among the top 150 ENR global engineering design companies, the top 225 international engineering design companies, the top 250 global contractors and the top 250 international contractors. It has set up more than 200 overseas branches in more than 90 countries and regions, and its business covers more than 140 countries and regions around the world.

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Latest news

The State Duma Passed a Law on Advertising Labeling and Mandatory Contributions for Online Advertising Distribution

Advertising distributors and advertising system operators engaged in the dissemination of advertisements on the Internet will be required to make contributions amounting to 3% of the revenue generated from the provision of related services. The government will establish criteria for classifying information as advertising when distributed on certain online resources, as well as the specifics of calculating and paying these contributions. Exempt from mandatory contributions are, among others, website owners who broadcast television and/or radio channels, online media whose editorial offices or founders meet specific established criteria, and nationwide mandatory public television channels. Additionally, the bill clarifies requirements for the distribution of social advertising and introduces additional requirements for advertising related to consumer credit (loans) due to increasing household debt. These requirements include a mandatory warning: "Review all credit (loan) terms" with a reference to a webpage detailing credit terms. If no such webpage exists, the advertisement must include all conditions affecting the total cost of the credit (loan), along with the warning: "Assess your financial capabilities and risks." The government will define the criteria for classifying information as internet advertising. Roskomnadzor will oversee the collection of contributions, determining the amounts based on data provided by advertisers and distributors to the Unified System for Internet Advertising Accounting.

In Russia, a deportation regime for illegally residing foreigners comes into effect

On February 5, 2025, the Federal Law No. 260-FZ of August 8, 2024, "On Amendments to Certain Legislative Acts of the Russian Federation," comes into force. This law introduces changes to Federal Law No. 115-FZ of July 25, 2002, "On the Legal Status of Foreign Citizens in the Russian Federation." These changes establish a new deportation regimefor foreign citizens and stateless persons who do not have the legal right to stay in Russia, as well as the introduction of a register of controlled persons. Key provisions of the deportation regime: Reduction of the permitted period of temporary stay for foreign citizens to 90 days per calendar year. Introduction of a deportation migration regime – restrictions on certain rights of illegally residing migrants and expanded control measures applied to them. Definition of rights and obligations of individuals subject to the deportation regime. Implementation of new control measures under the deportation regime. Imposition of specific restrictions on the rights and freedoms of foreign citizens. New powers granted to law enforcement officers in the application of the deportation regime. These measures aim to prevent illegal migration and reduce the risk of unlawful activities by foreigners in Russia.

A residential house will be checked for suitability for living before purchase using maternity capital

To purchase a house, part of a house, or a townhouse with maternity capital, a certificate confirming its suitability for living will be required. These changes to the law on family support were adopted by the State Duma on December 12. Federal Law No. 495-FZ of December 26, 2024, "On Amending Article 8 of the Federal Law 'On Additional Measures of State Support for Families with Children'" establishes that an application for the use of maternity capital funds may be denied if there is no conclusion confirming that the residential property, including a house or a townhouse, meets the requirements for residential premises and is suitable for living. These provisions do not apply to individuals who submitted applications to the Social Fund of Russia (SFR) before the law came into effect. The Federal Law comes into force on January 1, 2025. Maternity capital holders often use state support to purchase residential houses. However, in some cases, these houses turn out to be unfit for living, as noted in the explanatory note to the bill. The changes are intended to reduce the number of cases where certificate holders are deceived or where funds are illegally withdrawn through fraudulent schemes.

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