Core Viewpoint - The company is strategically positioning itself in the gas turbine business by establishing a wholly-owned subsidiary in Shanghai by December 2025, aiming to capitalize on the growth opportunities in the gas turbine industry and expand its high-end equipment manufacturing segment [1] Group 1: Gas Turbine Business Strategy - The company plans to set up a wholly-owned subsidiary for gas turbine business in Shanghai by December 2025 to seize opportunities in the gas turbine industry [1] - Gas turbines, along with deep-sea wind power and nuclear power, are identified as key focus areas for the company's future development [1] - The establishment of the subsidiary is part of the company's strategy to transition from component supply to providing systematic solutions in the field of "thick-walled sliding bearings and power equipment system solutions" [1] Group 2: Collaborations with Major Power Enterprises - The company has established relationships with major domestic power enterprises, including Shanghai Electric, Harbin Electric, and Dongfang Electric [1] Group 3: Partnership with Siemens - The company is recognized as an important qualified supplier of sliding bearings and structural components for Siemens in the Asia-Pacific region [1]

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]

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]

Core Viewpoint - The company plans to establish a wholly-owned subsidiary, Shenke Wind Power, in Shanghai with a registered capital of 30 million yuan to seize opportunities in the deep-sea wind power industry [1] Group 1 - The board of directors has approved the establishment of Shenke Wind Power, and it does not require shareholder approval [1] - The legal representative of Shenke Wind Power will be Song Xiaoming, and the company will hold 100% ownership [1] - The business scope of Shenke Wind Power includes manufacturing, sales, and services related to wind power [1] Group 2 - This investment aligns with the company's strategic planning and is not expected to have a significant adverse impact on its financial and operational performance [1] - The company acknowledges potential operational risks associated with this investment [1]