JJE(SH:688280) Zheng Quan Zhi Xing·2025-07-11 14:08Core Viewpoint - The company, Jingjin Electric Technology Co., Ltd., is focusing on raising funds for the development of a compact three-in-one electric drive system for new energy vehicles, which aligns with the technological innovation sector and aims to enhance its production capacity and market competitiveness [1][3][11]. Group 1: Company's Main Business - Jingjin Electric is a leading domestic enterprise in the electric drive system for new energy vehicles, engaged in the research, production, sales, and service of electric drive systems [1][11]. - The company has mastered core technologies in drive motors, controllers, transmission assemblies, and related software, providing comprehensive technical solutions for electric drive systems [1][2]. Group 2: Main Products - The core product of the company is the electric drive system for new energy vehicles, characterized by high integration, high power density, high torque density, high reliability, high efficiency, and low noise levels [2][8]. - The electric drive system includes major assemblies such as drive motor assembly, controller assembly, and transmission assembly, which are essential for the operation of new energy vehicles [2][8]. Group 3: Fundraising Project Overview - The total investment for the compact three-in-one electric drive system project is 200 million yuan, with 115.9 million yuan sourced from the raised funds [2][10]. - The project aims to achieve an annual production capacity of 140,000 units of the compact three-in-one electric drive system after upgrading existing production lines [2][10]. Group 4: Necessity of Project Implementation - The development of the new energy vehicle industry is a strategic measure to combat climate change and achieve emission reduction goals, with significant growth in global sales, particularly in Europe, China, and the United States [3][11]. - The project will enhance the company's core product capabilities and meet increasing market demand amid rising competition in the new energy vehicle sector [3][4]. Group 5: Project Feasibility - The project aligns with national policies promoting the development of new energy vehicles and key technologies, which will positively influence the growth of the electric drive system industry [6][11]. - The company has a strong technical foundation and has established a global R&D team, which supports the feasibility of the project [8][11]. Group 6: Conclusion - The fundraising for the project is closely aligned with the company's existing business and is categorized under technological innovation, which is expected to enhance the company's innovation capabilities and strengthen its market position [12].