Group 1 - The company Kunshan Zhijia Guxin Precision Machinery Parts Manufacturing Factory has been established with a registered capital of 100,000 RMB [1] - The legal representative of the company is Yang Jianlan [1] - The business scope includes general parts manufacturing, mechanical parts processing and sales, mold manufacturing and sales, industrial design services, and 3D printing services among others [1] Group 2 - The company is involved in the manufacturing of automotive parts and components, as well as the retail of automotive spare parts [1] - The company also provides technical services, development, consulting, and technology transfer [1] - The establishment of this company indicates a potential growth opportunity in the precision machinery and automotive parts industry [1]

Core Insights - Chengdu's industrial added value increased by 7.5% year-on-year from January to September this year [1] Industry Performance - Out of 37 major industrial sectors in Chengdu, 24 sectors achieved positive growth, with 11 sectors maintaining double-digit growth [1] - The top ten industries contributed 5.8 percentage points to the overall industrial growth [1] - The three fastest-growing sectors were general equipment manufacturing (28.5%), automobile manufacturing (20.2%), and computer communication and other electronic equipment manufacturing (14.1%) [1] High-tech Manufacturing - High-tech manufacturing in Chengdu saw an added value growth of 11.2% year-on-year [1] - The electronic and communication equipment manufacturing sector grew by 29.8%, while the aerospace equipment manufacturing sector grew by 29.2% [1] Advanced Manufacturing - The five major advanced manufacturing sectors experienced an added value growth of 8.9% year-on-year [1] - The equipment manufacturing industry and electronic information industry grew by 17.0% and 12.9%, respectively [1] Emerging Products - Emerging products showed significant growth, with solar cells increasing by 247.1%, new energy vehicles by 238.0%, smartwatches by 54.4%, and industrial robots by 39.0% [1]

Core Viewpoint - The company, Ningbo Jinda, reported a positive outlook on its order situation, indicating growth and high capacity utilization, with production scheduled through the first quarter of next year [1] Group 1 - The company stated that its current order situation is maintaining growth [1] - The capacity utilization rate is high, indicating efficient production processes [1] - Production scheduling extends into the first quarter of the following year, reflecting strong demand [1] Group 2 - Management has implemented measures to accelerate the acceptance pace of sales products [1] - A sequential improvement in performance is expected in the fourth quarter [1]

Group 1 - The company Shaoyang Hydraulic (301079) has developed a customized product, the deep-sea robot hydraulic control system (SCM testing and underwater installation system), which is installed on the main equipment of deep-sea oil trees for oil detection and fault diagnosis [1]

Group 1 - The company, Youde Precision (SZ 300549), announced the dissolution of its supervisory board and the departure of its supervisors, with specific roles being reassigned or eliminated [1] - The company's revenue composition for the year 2024 is as follows: specialized equipment manufacturing accounts for 95.37%, general equipment manufacturing accounts for 4.14%, and other businesses account for 0.49% [1] - The current market capitalization of Youde Precision is 2.6 billion yuan [2]

Core Viewpoint - The company plans to establish a joint venture named Foshan Tianyuan Transmission Technology Co., Ltd. with several related parties to capitalize on the growing demand for plastic gearboxes in high-tech industries [1] Investment Details - The total investment for the joint venture is set at RMB 8 million, with the company contributing RMB 3.2 million, accounting for 40% of the total investment [1] - Other contributors include: - Ceng Guojian: RMB 1.6 million (20%) - Li Qing: RMB 1.2 million (15%) - Liang Guangwei: RMB 1.2 million (15%) - Beijing Qunyu Intelligent Manufacturing Technology Co., Ltd.: RMB 800,000 (10%) [1] Market Opportunity - The joint venture will focus on the research, production, and sales of plastic gearboxes and related products [1] - There is an increasing market demand for plastic gearboxes driven by the rapid development of precision instruments, robotics, smart home devices, automotive electronics, and medical equipment [1] - The market requires plastic gearboxes to have high precision, low noise, long lifespan, and miniaturization [1]

Group 1 - Company Zhongdali De (SZ 002896) announced on November 19 that its fourth board meeting will be held via telecommunication to discuss the establishment of a joint venture with related parties [1] - For the first half of 2025, Zhongdali De's revenue is entirely derived from the general equipment manufacturing industry, accounting for 100.0% [1] - As of the report date, Zhongdali De has a market capitalization of 16.6 billion yuan [1]

Core Viewpoint - The company plans to establish a joint venture named Foshan Tianyuan Transmission Technology Co., Ltd. with several related parties, aiming to capitalize on the growing demand for plastic gearboxes in high-tech industries [1] Investment Details - The total investment for the joint venture is set at RMB 8 million, with the company contributing RMB 3.2 million, accounting for 40% of the total investment [1] - Other contributors include: - Ceng Guojian: RMB 1.6 million (20%) - Li Qing: RMB 1.2 million (15%) - Liang Guangwei: RMB 1.2 million (15%) - Beijing Qunyu Zhizao Technology Co., Ltd.: RMB 800,000 (10%) [1] Market Opportunity - The joint venture will focus on the research, development, production, and sales of plastic gearboxes and related products [1] - There is an increasing market demand for plastic gearboxes driven by the rapid development of precision instruments, robotics, smart home devices, automotive electronics, and medical equipment [1] - The market requires plastic gearboxes to have high precision, low noise, long lifespan, and miniaturization [1]

Group 1 - Shenhao Technology (SZ 300853) announced on November 19 that it has obtained nine invention patent certificates from the National Intellectual Property Administration of the People's Republic of China [1] - The patents include titles such as "Intelligent Operation and Maintenance System for Rail Transit Vehicles Based on Digital Twin" and "End-Wrenching Tool for Robotic Arm" [1] - As of the announcement, Shenhao Technology has a market capitalization of 3.1 billion yuan [1] Group 2 - For the first half of 2025, Shenhao Technology's revenue composition is entirely from the general equipment manufacturing industry (C34), accounting for 100% [1]

天眼查App显示，近日，深圳市枫瑞液压有限公司成立，法定代表人为张超，注册资本20万人民币，经 营范围为一般经营项目是：机械零件、零部件加工；机械零件、零部件销售；机械设备销售；液压动力 机械及元件制造；气压动力机械及元件制造。（除依法须经批准的项目外，凭营业执照依法自主开展经 营活动），许可经营项目是：无。 ...