Core Viewpoint - The company held its first meeting of the seventh board of directors, where several key resolutions were passed, including the election of new leadership and the establishment of subsidiaries to enhance its strategic positioning in the market [1][2][4][9][34]. Group 1: Board Resolutions - The board elected Mr. You Yongqiang as the chairman and legal representative for a term of three years [2]. - The board approved the establishment of various specialized committees within the seventh board [3]. - Mr. Song Xiaoming was appointed as the general manager for the same term [4]. - Mr. Zhang Xiaofei was appointed as the deputy general manager [5]. - Ms. Zhang Xiuling was appointed as the securities affairs representative [6]. - Ms. He Heqiong was appointed as the head of the internal audit department [8]. Group 2: New Subsidiaries - The company plans to establish a research and development headquarters in Shanghai to support its transition to a comprehensive solutions provider in the thick-walled sliding bearing and power equipment sector, with an investment not exceeding 50 million RMB [35][39]. - A wholly-owned subsidiary, Shandong Shenke Power Equipment Co., Ltd., will be established in Zaozhuang, Shandong, with a registered capital of 20 million RMB to enhance manufacturing capabilities [24][28]. - A wholly-owned subsidiary, Shanghai Shenke Gas Turbine Technology Co., Ltd., will be set up in Shanghai to focus on gas turbine-related business [56][60]. - A wholly-owned subsidiary, Shanghai Shenke Deep Sea Wind Power Technology Co., Ltd., will be established in Shanghai to engage in deep-sea wind power equipment [44][47]. Group 3: Strategic Goals and Market Positioning - The establishment of the new subsidiaries aims to optimize production capacity and enhance market responsiveness, particularly in the energy equipment sector [31][49]. - The company seeks to leverage its existing expertise in sliding bearings and power equipment to expand into high-end manufacturing and system solutions, particularly in the deep-sea wind power and gas turbine markets [49][62]. - The strategic initiatives align with national policies on carbon neutrality and renewable energy development, positioning the company to capitalize on growth opportunities in these sectors [44][62].

Core Insights - The company plans to establish a wholly-owned subsidiary in Shanghai to focus on deep-sea wind power equipment, including core component R&D, sales, and system integration services [2][3] - The new subsidiary aims to leverage the company's expertise in thick-walled sliding bearings and customized components, which align with the high reliability and corrosion resistance requirements of deep-sea wind power equipment [2] - The establishment of the subsidiary is part of the company's strategy to transition from a supplier of components to a provider of comprehensive system solutions in the high-end equipment market [3] Business Expansion - Shanghai is identified as a key hub for renewable energy equipment R&D and manufacturing, providing significant advantages for the company to connect with industry resources and attract talent [3] - The company also plans to set up a research headquarters in Shanghai with an investment of up to 50 million RMB to support its strategic shift towards becoming a solutions provider [3] - Additionally, a wholly-owned subsidiary will be established in Zaozhuang, Shandong, with a registered capital of 20 million RMB to enhance manufacturing capabilities and optimize production capacity [4]

Core Insights - Shenkai Sliding Bearing Co., Ltd. is intensifying its strategic focus on high-end equipment and R&D capabilities, establishing a new R&D headquarters in Shanghai and subsidiaries for gas turbines and deep-sea wind power [1][4] Strategic Layout - The company is prioritizing deep-sea wind power, gas turbines, and nuclear power as key growth areas, with plans to develop high-reliability thick-walled sliding bearings and customized solutions [2][3] - The establishment of a subsidiary in Shandong aims to enhance manufacturing capabilities for power equipment and specialized ship components, facilitating close supply and customized services for key clients [3] R&D Enhancement - The new R&D headquarters in Shanghai will focus on advanced materials, smart bearings, gas turbines, nuclear power equipment, and deep-sea wind power, with an investment capped at 50 million yuan [4] - The company plans to increase R&D investment to over 6% by 2026 and 8% by 2028, aiming to improve overall R&D, design, and process capabilities [4] Industry Positioning - As the first listed company in thick-walled sliding bearings in China, Shenkai has a diversified business structure, covering 55%-65% of components in power generation equipment and 12%-25% of its value [5] - The power equipment sector is in a long-term expansion phase, driven by industrial electrification and other technological demands, presenting significant investment opportunities for the company [5]

Core Viewpoint - The successful completion of the first extraordinary general meeting of shareholders in 2025 marks a significant step towards optimizing the corporate governance system of Shenkai Co., Ltd. and embarking on a new strategic development chapter after the entry of state-owned capital [1][2]. Group 1: Company Overview - Shenkai Co., Ltd., established in 1996, is the first publicly listed company in China specializing in thick-walled sliding bearings, with a comprehensive service capability across the entire industrial chain of thick-walled sliding bearings, machining, and large structural components [1][2]. - The company holds a leading position in production technology and market share within the industry, recognized as a national key high-tech enterprise and a member unit of the National Sliding Bearing Standardization Technical Committee [1][2]. Group 2: Market Position and Opportunities - As the first listed company in the domestic thick-walled sliding bearing sector, Shenkai Co., Ltd. is one of the manufacturers with the most diverse and complete specifications, maintaining a strong customer base in high-end applications such as power generation equipment, industrial equipment, and special ships [2]. - The domestic market for thick-walled sliding bearings is projected to exceed 20 billion yuan within three to five years, driven by the advantages of heavy load resistance and corrosion resistance, particularly in the gas turbine, nuclear power, and deep-sea wind power industries [2][3]. Group 3: Recent Developments - The recent acquisition of a 41.89% stake by Shenzhen Huili Hongsheng Industrial Holdings, which has increased its shareholding to 51.60%, marks a significant change in the company's controlling shareholder to the Taierzhuang State-owned Assets Supervision and Administration Commission [2][3]. - This acquisition is seen as a strategic move by state-owned capital to leverage the capital market for industrial upgrades, providing strong new momentum for the company's performance growth [3]. Group 4: Future Outlook - With the empowerment of state-owned capital and the guidance of the new board of directors, Shenkai Co., Ltd. aims to seize opportunities in high-end manufacturing, integrate state-owned technological resources, and promote product iteration and industrial structure optimization [3].

格隆汇12月21日丨申科股份(002633.SZ)公布，为抢抓燃气轮机产业发展机遇，优化公司战略布局，拓 展高端装备制造业务板块，公司拟在上海设立全资子公司（简称 "子公司"），充分发挥公司现有厚壁 滑动轴承、机加工、大型结构件业务的能力优势，专注于燃气轮机相关业务的研发、生产与销售。将充 分依托上海的人才集聚优势、产业配套资源及政策支持环境，进一步延伸公司产业链，提升核心竞争 力，为公司培育新的利润增长点，符合公司长远发展规划及全体股东利益。 ...

Core Viewpoint - The company is establishing a wholly-owned subsidiary in Shanghai to focus on the deep-sea wind power sector, aligning with national "dual carbon" strategies and the growth of the new energy industry [1] Group 1: Company Strategy - The new subsidiary, named Shanghai Shenke Deep-Sea Wind Power Technology Co., Ltd., will have a registered capital of 30 million RMB [1] - The subsidiary will concentrate on the research, sales, and system integration services of core components for deep-sea wind power equipment [1] - The company aims to expand into the high-end new energy equipment market by developing customized components and related system solutions for deep-sea wind power [1] Group 2: Industry Context - The establishment of the subsidiary is a response to the rapid growth opportunities in the deep-sea wind power industry [1] - The company is transitioning towards a focus on "thick-walled sliding bearings + bearing component kits + power equipment system solutions" [1]

Core Viewpoint - The company is establishing a wholly-owned subsidiary in Shanghai to capitalize on the rapid growth opportunities in the deep-sea wind power industry, aligning with the national "dual carbon" strategy and new energy development plans [1] Group 1: Company Initiatives - The new subsidiary, named Shanghai Shenke Deep-Sea Wind Power Technology Co., Ltd., will focus on the research, sales, and system integration services of core components for deep-sea wind power equipment [1] - The company plans to invest a registered capital of 30 million RMB in the new subsidiary to facilitate efficient business incubation and team recruitment [1] Group 2: Industry Focus - The subsidiary will concentrate on high-end new energy equipment markets, particularly in the development of sliding bearings, customized component kits, and related system solutions for deep-sea wind power main engines and transmission systems [1]

格隆汇12月21日丨申科股份(002633.SZ)公布，公司深耕厚壁滑动轴承及动力装备零部件领域多年，已 形成一定的技术壁垒与市场资源优势。为落实公司全面转向"厚壁滑动轴承及动力装备系统解决方案 商"的战略定位，突破从"厚壁滑动轴承及动力装备零部件供应商"向"厚壁滑动轴承+动力装备部套件+动 力装备系统解决方案"的产业升级，公司拟在上海设立研发总部，研发总部投资额不超过5000万元人民 币。 ...

格隆汇12月21日丨申科股份(002633.SZ)公布，为加快推动公司向"厚壁滑动轴承及动力装备系统解决方 案商"转型，提升公司在大型结构件、机加工、特种船舶的制造及服务能力，综合山东省枣庄市地域、 用工成本、制造能力、提升市场响应速度等因素，拟在山东省枣庄市注册设立全资子公司山东申科动力 装备有限公司(简称"申科动力装备"，注册资本2000万元人民币)，以优化完善产能布局。 ...

Group 1 - The company, Shinke Co., Ltd. (002633), announced on December 21 that it will establish a research and development headquarters in Shanghai with an investment not exceeding 50 million yuan [1] - To seize opportunities in the gas turbine industry, the company plans to set up a wholly-owned subsidiary in Shanghai focused on research, production, and sales related to gas turbines [1] - The company aims to capitalize on the rapid growth of the deep-sea wind power sector by establishing a wholly-owned subsidiary in Shanghai dedicated to related business activities [1] Group 2 - The company will also register a wholly-owned subsidiary, Shandong Shinke Power Equipment Co., Ltd., in Zaozhuang, Shandong Province, with a registered capital of 20 million yuan to optimize its capacity layout [1]