Ge Long Hui A P P·2025-09-22 11:16Group 1 - The core point of the article is that Zhongchuang Zhiling (601717.SH) plans to invest RMB 27 million to establish a wholly-owned subsidiary, Yaxin Ke Thermal Management Technology (Yizheng) Co., Ltd., to enhance its market competitiveness in automotive thermal management systems and lay the foundation for future expansion in related fields [1][2] Group 2 - Yaxin Ke Group's thermal management cold plate business was primarily operated by its subsidiary, Yizheng Yaxin Ke Shuanghuan Piston Ring Co., Ltd., which has significant differences in business model, customer base, competitive strategy, and production line concepts compared to its main business of fuel engine piston rings [2] - The establishment of the new company is aimed at injecting further funds, professional operations, and intelligent production into the thermal management business, as well as increasing R&D investment to seize opportunities presented by the development of artificial intelligence [2] - The new company will integrate relevant assets, liabilities, and contractual relationships from Yaxin Ke Shuanghuan's thermal management business, which will enhance resource allocation efficiency and management professionalism, allowing the company to better adapt to long-term development needs and expand market space [2] - The investment in new, higher intelligent production capacity will help Yaxin Ke capture market opportunities for growth in the cold plate business and increase customer share, driving rapid revenue growth in this segment [2]