Core Viewpoint - The company, Jushi Holdings, has announced the establishment of a wholly-owned subsidiary, which may face profitability uncertainties and risks of not meeting expectations [1] Group 1 - The company has approved the investment of 100 million RMB to establish a wholly-owned subsidiary named Jushi Ocean Technology (Tianjin) Co., Ltd. [1] - The new subsidiary is currently in the planning stage and is not expected to have a significant impact on the company's future financial status and operating results in the short term [1] - The profitability of the new subsidiary may be affected by uncontrollable factors, leading to uncertainties [1]

一、股票交易异常波动的情况 证券代码：002342 证券简称：巨力索具 公告编号：2025-041 巨力索具股份有限公司 关于股票交易异常波动的公告 公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假记 载、误导性陈述或重大遗漏。 巨力索具股份有限公司（以下简称"公司"）股票（证券代码：002342，证 券简称：巨力索具）连续三个交易日（8 月 14 日、8 月 15 日、8 月 18 日）累计偏 离 22.53%，已达到异常波动标准。根据深圳证券交易所的相关规定，属于股票交 易异常波动的情况。 二、公司关注、核实情况说明 针对公司股票交易异常波动，公司对有关事项进行了核查，并函询了公司控 股股东及实际控制人，现将有关情况说明如下： 1、公司前期披露包括但不限于 2025 年半年度报告的信息不存在需要更正、 补充之处； 2、公司未发现近期公共媒体报道了可能或已经对公司股票交易价格产生较大 影响的未公开重大信息； 3、近期公司经营情况正常，内外部经营环境未发生重大变化； 4、公司、控股股东及实际控制人不存在关于本公司的应披露而未披露的重大 事项，或处于筹划阶段的重大事项； 5、公司控股股东、实际控 ...

巨力索具公告，公司股票连续三个交易日(8月14日、8月15日、8月18日)累计偏离22.53%，已达到异常 波动标准。公司对有关事项进行了核查，并函询了公司控股股东及实际控制人。经核查，公司前期披露 的信息不存在需要更正、补充之处；近期公司经营情况正常，内外部经营环境未发生重大变化；公司控 股股东、实际控制人不存在关于本公司的应披露而未披露的重大事项，或处于筹划阶段的重大事项；公 司控股股东、实际控制人在公司股票异常波动期间不存在买卖公司股票的情形。 ...

Core Viewpoint - In the first half of 2025, under the favorable conditions of marine engineering, new energy infrastructure, and the "Belt and Road" international cooperation, the company achieved significant growth in both revenue and net profit, showcasing continuous innovation and upgrades in its products [1][2]. Financial Performance - The company reported a revenue of 1,140.01 million yuan, representing a year-on-year increase of 17.45% [2]. - The net profit attributable to shareholders reached 9.35 million yuan, up 137.21% year-on-year [2]. - The non-recurring net profit was 5.60 million yuan, a substantial increase of 450.30% compared to the same period last year [2]. Product Performance - The synthetic fiber lifting belt saw the highest growth rate, achieving revenue of 192.63 million yuan, a 25.55% increase year-on-year [3]. - Revenue from engineering and metal locks, a major contributor, reached 515.90 million yuan, up 18.26% year-on-year [3]. - Revenue from steel wire ropes and related products increased by 6.41% to 337.11 million yuan [3]. Market Trends - The lifting gear industry is experiencing steady growth, driven by demand in both traditional and emerging sectors [4]. - New energy sectors, particularly wind and solar power, are increasing the demand for high-strength and deep-sea economic lifting gear [4]. - The company is actively diversifying its business to align with market trends, particularly in new energy and international markets [4]. Global Expansion - The company achieved overseas revenue of 167.64 million yuan, a year-on-year increase of 12.26% [5]. - Domestically, revenue reached 972.37 million yuan, reflecting an 18.40% increase year-on-year [5]. - The company has established over 100 branches domestically and a sales network in more than 100 countries, focusing on providing comprehensive lifting solutions [5]. Innovation and R&D - The company invested 60.87 million yuan in R&D during the reporting period, holding 366 valid patents, including 66 invention patents [7]. - Key R&D areas include marine engineering, new energy applications, and foundational research on smart lifting gear [7]. - The company has made significant advancements in deep-sea mooring systems, achieving international leading technical standards [7]. Future Outlook - The company is poised for a new growth cycle, driven by the global offshore wind power installation surge, accelerated infrastructure projects under the "Belt and Road" initiative, and the release of deep-sea technology policy dividends [8].

Core Viewpoint - The company, JiuLi Rigging (巨力索具), has significantly improved its performance in the first half of 2025, achieving a revenue of 1.14 billion yuan, a year-on-year increase of 17.45%, and a net profit of 9.35 million yuan, a year-on-year increase of 137.21% [2][3][4]. Group 1: Financial Performance - In the first half of 2025, JiuLi Rigging reported a revenue of 1.14 billion yuan, representing a 17.45% increase compared to the previous year [2][3]. - The net profit for the same period was 9.35 million yuan, showing a remarkable growth of 137.21% year-on-year [2][3]. - The company's export revenue reached 168 million yuan, a 12.26% increase, accounting for 14.7% of total revenue, while domestic sales were 972 million yuan, up 18.4%, making up 85.3% of total revenue [4]. Group 2: Business Strategy and Expansion - JiuLi Rigging is focusing on global expansion, enhancing cross-border operations, and aligning with national policy directions, particularly in infrastructure, marine engineering, and renewable energy sectors [4][9]. - The company plans to invest 100 million yuan to establish a wholly-owned subsidiary, JiuLi Rigging Marine Technology (Tianjin) Co., Ltd., to strengthen its capabilities in marine technology [9]. - The signing of a contract with Saudi Binladin Group for the King Fahd Stadium project, valued at approximately 115 million yuan, marks a significant breakthrough in the company's cross-border strategy and high-end market expansion [10]. Group 3: Research and Development - JiuLi Rigging has consistently increased its investment in research and development, with R&D expenses rising from 18.33 million yuan in 2022 to 32.88 million yuan in 2024, reflecting a growth of 96.49%, 20.80%, and 48.50% respectively [7]. - In the first half of 2025, R&D expenses reached 10.61 million yuan, a year-on-year increase of 96.72% [7].

Group 1 - Company plans to invest 100 million RMB to establish a wholly-owned subsidiary, Giant Lifting Marine Technology (Tianjin) Co., Ltd., in the Tianjin Port Free Trade Zone [1] - The Tianjin Port Free Trade Zone is recognized as the first ship manufacturing and maintenance base in China, with significant advantages in industrial clusters and infrastructure [1] - The establishment in this region will enable supply chain collaboration, reduce R&D and manufacturing costs, and enhance product export efficiency through favorable policies [1] Group 2 - The deep-sea economy is experiencing unprecedented development opportunities due to policy support, with expansion in offshore oil and gas extraction, renewable energy, and marine aquaculture [2] - The domestic substitution of deep-sea equipment has become a core issue for industry development, with the company focusing on long-term mooring systems since 2018 to overcome reliance on imports [2] - The company has achieved significant milestones in technology development, including the successful verification of a long-term mooring system and recognition of its offshore wind power equipment by the National Energy Administration [2] Group 3 - The company's products have received international certifications and have been applied in major engineering projects, supporting the autonomy of deep-sea equipment [3] - The continuous release of policy dividends and the company's strategic expansion reflect a new growth cycle in the deep-sea technology sector [3] - Establishing a marine technology subsidiary aligns with the trend of deep-sea equipment companies clustering together to promote large-scale and high-end development [3]

Core Viewpoint - The financial report of Jushi Rigging Co., Ltd. for the first half of 2025 shows significant growth in both revenue and net profit, indicating a structural improvement in profitability driven by product upgrading and expansion into emerging markets [1][2]. Financial Performance - The company achieved a revenue of 1.14 billion yuan, representing a year-on-year increase of 17.45% [1]. - The net profit attributable to shareholders reached 9.35 million yuan, up 137.21% year-on-year [1]. - The net profit after deducting non-recurring items was 5.60 million yuan, recovering from a loss of 1.60 million yuan in the same period last year [1]. Market Demand and Trends - The rigging industry experienced stable demand growth, with notable structural differentiation [1]. - Traditional sectors such as metallurgy, mining, and construction saw a slowdown in demand growth, while emerging sectors, particularly in renewable energy, showed robust demand [1]. - The increase in installed capacity in wind, solar, nuclear, and offshore wind energy, as well as infrastructure projects under the Belt and Road Initiative, contributed to the rising demand for high-strength rigging products [1]. Business Transformation and Strategic Focus - The company has made significant progress in high-end fields such as deep-sea mooring systems and renewable energy rigging [2]. - A complete product line has been established in the deep-sea mooring system sector, achieving international leading technical standards [2]. - The company has secured patents and standards in the deep-sea economy, indicating a strong focus on innovation and technology [3]. International Expansion - The company has made breakthroughs in overseas markets, successfully winning a 115 million yuan project in Saudi Arabia and providing specialized rigging solutions for major projects in Indonesia and Egypt [3]. - The international market share continues to expand, driven by strategic participation in the Belt and Road Initiative [3]. Future Outlook - The company plans to focus on three main areas: deep-sea engineering, renewable energy rigging, and foundational research in new materials and monitoring technologies [4]. - Emphasis will be placed on developing deep-sea mooring systems and products for large offshore wind turbines to capture market opportunities [4]. - The company aims to strengthen its technological advantages and optimize its overseas market layout to ensure sustainable growth [4].

Core Viewpoint - The stock of Jili Rigging experienced a significant increase of 6.88% today, with a turnover rate of 37.66% and a trading volume of 3.118 billion yuan, indicating high trading activity and investor interest [2]. Trading Activity - The stock was listed on the Dragon and Tiger list due to its turnover rate reaching 37.66%, with institutional investors net selling 5.6573 million yuan [2]. - The top five trading departments accounted for a total transaction volume of 624 million yuan, with buying amounting to 256 million yuan and selling amounting to 368 million yuan, resulting in a net sell of 111 million yuan [2]. - Among the trading departments, three institutional specialized seats were involved, with total buying of 139 million yuan and selling of 145 million yuan, leading to a net sell of 5.6573 million yuan [2]. Historical Performance - Over the past six months, the stock has appeared on the Dragon and Tiger list 12 times, with an average price drop of 0.54% the day after being listed and an average increase of 2.25% in the following five days [2]. Capital Flow - The stock saw a net outflow of 157 million yuan in main funds today, with large orders contributing to a net outflow of 54.0249 million yuan and a net outflow of 1.03 billion yuan from larger funds [2]. - In the last five days, the main funds experienced a net inflow of 284 million yuan [2].

Core Viewpoint - The article highlights the significant push for the development of the marine economy in China, with government policies aimed at enhancing financial support and promoting new industries within this sector [1][2][6]. Group 1: Government Initiatives - The government plans to advance the construction of national marine economy development demonstration zones and formulate supportive policies for marine strong provinces [1][2]. - Financial support for marine economic development will be strengthened, with updates to investment guidance for marine industries [2][8]. - The implementation of policies for large-scale utilization of marine energy and the development of seawater desalination and marine pharmaceuticals is underway [2][6]. Group 2: Market Reactions - Following the announcement of these initiatives, marine economy concept stocks surged, with Lituo Technology experiencing a rise of over 29% [3][6]. - The marine economy has surpassed 10 trillion yuan, indicating a growing interest and potential in this sector [1][7]. Group 3: Regional Development Plans - Various regions have introduced marine economic development plans, including Shandong, Liaoning, and Hainan, focusing on modern marine industry systems [5][8]. - The emphasis on regional collaboration in marine economic development is highlighted, with plans for high-quality marine economic development demonstration zones [8]. Group 4: Industry Growth Projections - The national marine production value is projected to reach 10,543.8 billion yuan in 2024, with a year-on-year growth of 5.9% [7]. - The marine industries, particularly shipbuilding and marine power, are expected to grow at rates exceeding 14% due to the energy transition and improved shipping market conditions [7].

Group 1 - The stock of Jushi Holdings has increased by 10.01%, achieving a consecutive two-day limit-up, with the latest price at 9.12 yuan and a total market capitalization of 8.755 billion yuan [1] - The company plans to establish a wholly-owned subsidiary, Jushi Marine Technology (Tianjin) Co., Ltd., focusing on the manufacturing and sales of marine engineering equipment, thereby strengthening its presence in the marine economy sector [2] - The National Development and Reform Commission is advancing the "14th Five-Year" marine economy development plan, which includes breakthroughs in key core technologies, benefiting suppliers of core components like rigging [2] Group 2 - The marine mooring system products have received international certification and are being applied in floating wind turbine projects, enhancing technical cooperation and market expansion in the offshore wind power sector [2] - Jushi Holdings is primarily involved in marine engineering, deep-sea technology, offshore wind power, marine economy, and new energy sectors [2]