JULI INC.(SZ:002342) Zheng Quan Zhi Xing·2025-08-14 16:27Investment Overview - The company plans to invest 100 million RMB to establish a wholly-owned subsidiary, Giant Lifting Marine Technology (Tianjin) Co., Ltd. [1] - The investment decision was approved during the 36th meeting of the 7th Board of Directors on August 14, 2025, and does not require shareholder approval [1][5]. Investment Target Basic Information - The subsidiary will focus on various sectors including marine engineering equipment development, manufacturing, and sales, as well as environmental protection equipment and underwater systems [2][3]. Purpose and Impact of the Investment - The investment aligns with the growing global demand for marine resource development, particularly in offshore oil and gas extraction, renewable energy, and marine aquaculture [3][4]. - The government has recognized "deep-sea technology" as a key area for industrial development, indicating a strategic shift towards the commercialization of deep-sea technologies [3]. - Local governments in coastal regions are also implementing policies to promote marine economic development, which supports the company's strategic direction [3]. Company's Competitive Position - The company has established a strong foundation in the lifting equipment sector and has been addressing key technological challenges in marine engineering equipment [4]. - The establishment of the subsidiary is expected to enhance the company's sustainable development capabilities without negatively impacting its financial status or shareholder interests [5]. Current Status and Future Plans - The subsidiary is still in the planning stage and will require approval from relevant regulatory authorities before commencing operations [5]. - The company will continue to disclose updates regarding the establishment and operational plans of the new subsidiary [5].