Core Viewpoint - Jiangshun Technology plans to adjust its fundraising investment projects to better meet market demands and enhance the efficiency of fund usage, including reducing the investment in the aluminum extrusion equipment production line project and introducing a new project for offshore wind power equipment [20][27]. Group 1: Board Meeting Decisions - The second board meeting of Jiangshun Technology on November 4, 2025, approved the adjustment of the total investment and internal structure of certain fundraising projects, including the establishment of a special fundraising account [1][20]. - The investment amount for the aluminum extrusion equipment production line project is reduced to 125.02 million yuan, with the net fundraising amount adjusted to 94.48 million yuan [20][25]. - A new project, "Annual Production of 5,200 Sets of Offshore Direct Drive Wind Turbine Stator Brackets," will receive 110.78 million yuan from the adjusted fundraising [20][27]. Group 2: Fundraising and Investment Management - The company will use 270.31 million yuan of fundraising to increase capital in its wholly-owned subsidiary Jiangshun Huzhou to facilitate the implementation of fundraising projects [5][47]. - The company plans to incrementally increase capital in Jiangshun Equipment and Jiangshun Tianchang to support the new offshore wind power project [5][51]. - The fundraising management will comply with relevant regulations, ensuring the funds are used effectively and transparently [39][41]. Group 3: New Project Details - The new project for offshore wind power equipment aims to enhance production capacity and product quality, aligning with the growing demand for clean energy solutions [27][30]. - The project will be implemented by Jiangshun Tianchang, with a total investment of 110.78 million yuan and a construction period of two years [28][36]. - The project is expected to generate significant economic benefits, with an estimated annual revenue of approximately 114.4 million yuan and a net profit of 11.83 million yuan upon reaching full production [36][37].

Group 1 - The Shanghai Stock Exchange's Listing Review Committee will hold its 27th meeting on July 31, 2025, to review the IPO of Delijia Transmission Technology (Jiangsu) Co., Ltd. [1] - Delijia specializes in the R&D, production, and sales of high-speed heavy-load precision gear transmission products, primarily for wind power generation, with its core product being the wind turbine main gearbox [1]. - Since its establishment in 2017, Delijia has developed a comprehensive business chain from design to mass production and operation services, with R&D and production capabilities for products ranging from 1.5MW to 22MW [1]. Group 2 - The company’s products are characterized by equal strength, stiffness, lightweight, modular platforms, high power density, high transmission efficiency, and high reliability, suitable for various geographical and climatic conditions [1]. - Wind turbine gearboxes are critical components of wind power systems, with their reliability and quality directly impacting overall performance and long-term stability [1]. - Delijia has established strong partnerships with leading clients such as Goldwind Technology, Envision Energy, Mingyang Smart Energy, and SANY Heavy Energy, leveraging its stable product quality and delivery capabilities [2]. Group 3 - The company has seen growth in business scale and market share due to the rapid development of China's wind power industry, achieving a global market share of 10.36% in 2024, ranking third globally, and a 16.22% share in China, ranking second [2]. - Delijia has received multiple honors, including "Jiangsu Province 2024 Unicorn Enterprise" and "2022 Jiangsu Province Level Enterprise Technology Center," reflecting its industry recognition and capabilities [2].