Jiangnan Water(SH:601199) Ge Long Hui A P P·2025-11-13 11:53Core Viewpoint - Jiangnan Waterworks (601199.SH) aims to optimize resource allocation and enhance operational efficiency by marketizing its electromechanical maintenance business, seeking new development paths and growth opportunities [1] Company Strategy - The company plans to establish "Jiangyin Runlian Technical Service Co., Ltd." with a registered capital of 10 million yuan, in collaboration with its wholly-owned subsidiary Jiangnan Waterworks Municipal Engineering Jiangyin Co., Ltd. and Jiangyin Hengtong Drainage Facility Management Co., Ltd. [1] - Jiangnan Waterworks will contribute 5.1 million yuan, holding a 51% stake, while the municipal engineering company will invest 3.3 million yuan for a 33% stake, and Hengtong Drainage will invest 1.6 million yuan for a 16% stake [1] - The funding will come from the company's and its subsidiaries' own funds [1]