Core Viewpoint - The company has approved the use of up to 400 million RMB of temporarily idle raised funds for cash management and to store raised funds in the form of agreed deposits, effective for 12 months from the board's approval date [1][16]. Group 1: Fundraising Overview - The company raised a total of 2,208.98 million RMB from its initial public offering (IPO) by issuing 73 million shares at a price of 30.26 RMB per share, with a net amount of 2,128.60 million RMB after deducting issuance costs [1]. - The funds have been fully received as of May 31, 2023, and are stored in a dedicated account as per regulatory requirements [1]. Group 2: Fund Usage Plan - The company plans to use 450 million RMB of the raised funds to increase capital in its wholly-owned subsidiary, Meike Tianma, for the development and industrialization of a high-pressure efficient plunger pump and its intelligent control system [2]. Group 3: Cash Management Details - The purpose of cash management is to enhance the efficiency of fund usage while ensuring that it does not affect the construction of investment projects [3]. - The cash management products will include low-risk options such as structured deposits, time deposits, large certificates of deposit, and broker yield certificates, with a maximum term of 12 months [4][6]. - The cash management will be authorized to the management team, who will oversee the execution and decision-making process [7]. Group 4: Agreed Deposit Storage - The company will store the remaining balance of raised funds in agreed deposits to increase storage returns while ensuring that it does not affect the normal implementation of investment projects [10]. Group 5: Impact on Daily Operations - The use of temporarily idle raised funds for cash management will not affect the normal progress of investment projects and is expected to improve overall company performance and shareholder returns [11][12]. Group 6: Compliance and Oversight - The company will comply with relevant regulations and ensure timely information disclosure regarding cash management activities [8][15]. - The sponsor has confirmed that the cash management plan adheres to legal procedures and will not impact the company's investment plans [17].

Group 1 - The core point of the article is that Tianjin Sailis Automation Technology Co., Ltd. has obtained a patent for a "quick flange that is easy to install," which enhances the versatility and practicality of flange installation [1] - The patent, with authorization announcement number CN223782304U, was applied for on February 2025 and falls under the field of flange technology [1] - The design includes multiple positioning holes, internal threads, and a sealing component, allowing for two different installation methods: threaded installation and snap-fit positioning [1] Group 2 - Tianjin Sailis Automation Technology Co., Ltd. was established in 2010 and is located in Tianjin, primarily engaged in technology promotion and application services [2] - The company has a registered capital of 5 million RMB and has participated in six bidding projects, holding 16 patent records and one administrative license [2]

Core Viewpoint - Recently, a new company named Mi Control Automation Technology (Suzhou) Co., Ltd. was established, focusing on various technology and manufacturing services in the automation and machinery sectors [1] Company Overview - The legal representative of the company is Zhou Jinghao, and it has a registered capital of 1 million RMB [1] - The company’s business scope includes technology services, development, consulting, and transfer, as well as sales and manufacturing of intelligent basic manufacturing equipment and various mechanical components [1] Business Activities - The company is involved in the sales of industrial automation control systems, mechanical equipment, and electronic products [1] - It also engages in the manufacturing and sales of molds, metal products, and hardware products, along with providing installation and maintenance services for general mechanical equipment [1]

Group 1 - Suzhou Xieao Automation Technology Co., Ltd. has been established with a registered capital of 500,000 RMB [1] - The legal representative of the company is Wang Qinyong [1] - The business scope includes technology services, development, consulting, and various sales related to industrial automation and robotics [1] Group 2 - The company is involved in the sales and maintenance of industrial robots and related mechanical equipment [1] - It also engages in the wholesale of electronic components, machinery parts, and various manufacturing equipment [1] - The company is permitted to operate independently within the scope of its business license, excluding projects that require special approval [1]

Core Viewpoint - The establishment of Ploklok (Shanghai) Automation Technology Co., Ltd. indicates a new player in the automation technology sector, with a focus on various technical services and equipment sales [1] Company Overview - Ploklok (Shanghai) Automation Technology Co., Ltd. has been registered with a capital of 1 million RMB [1] - The legal representative of the company is Wang Tingjun [1] Business Scope - The company’s business scope includes a wide range of activities such as: - Technical services, development, consulting, exchange, transfer, and promotion [1] - Import and export of goods and technology [1] - Sales and research of valves and cocks, industrial automation control systems, pipeline transportation equipment, pumps, vacuum equipment, hydraulic machinery, electrical equipment, and general machinery [1] - Market marketing planning and information consulting services [1] - Sales of electronic products, instruments, and components [1] - Installation services for general machinery and special equipment [1]

Core Viewpoint - Hebei Enmak Automation Technology Co., Ltd. has been established with a registered capital of 3 million RMB, indicating a new player in the automation technology sector [1] Company Overview - The legal representative of the company is Zhang Shiyan [1] - The registered capital of the company is 3 million RMB [1] Business Scope - The company’s business activities include technology services, development, consulting, exchange, transfer, and promotion [1] - It is involved in the manufacturing of industrial automation control systems [1] - The company provides information technology consulting services and standardization services [1] - It manufactures and sells bearings, gears, and transmission components [1] - The company also engages in the manufacturing and sales of machine tool functional components and accessories [1] - Sales activities include electronic components, hardware products, plastic products, rubber products, metal materials, motorcycles and their parts, as well as automotive parts [1]

Group 1 - Multinational companies are crucial for building an open world economy and promoting global economic growth, with a focus on cooperation in Henan province [1] - Louis Dreyfus Group expresses strong interest in investing in Henan due to its rich agricultural resources, convenient transportation network, and large market potential [1] - Honeywell showcases over 100 innovative products at the China International Import Expo, emphasizing its commitment to green development and potential collaboration in transportation, automation, and energy sectors in Henan [1] Group 2 - Wilmar International Group highlights the high quality of Henan's agricultural products and expresses eagerness to collaborate in agricultural processing [2] - The establishment of a modern food industry park by Wilmar International Group near the Zhoukou Central Port reflects the company's recognition of Henan as a significant agricultural hub [2]

Core Viewpoint - Hebei Hongzong Automation Technology Co., Ltd. has been established with a registered capital of 3 million RMB, focusing on various technology and manufacturing services in the automation and industrial sectors [1] Company Summary - The company is legally represented by Zhang Qian [1] - The registered capital is 3 million RMB [1] - The business scope includes technology services, development, consulting, and transfer, as well as manufacturing and sales of industrial automation control systems [1] Industry Summary - The company engages in the research and development of new materials and provides 3D printing services [1] - It manufactures and sells smart vehicle equipment and offers industrial design services [1] - The company also participates in marketing planning, graphic design, and various manufacturing sectors including metal, plastic, and rubber products [1] - Additional services include packaging, import and export of goods, and organizing conferences and exhibitions [1]

Group 1 - Nanjing Hongze Automation Technology Co., Ltd. has been established with a registered capital of 10 million RMB [1] - The legal representative of the company is Zhang Meiling [1] - The company's business scope includes internet information services, technology import and export, software development, and research and development of intelligent robots [1] Group 2 - The company is also involved in integrated circuit manufacturing and sales, as well as industrial automation control system device sales [1] - Other activities include technical services, consulting, and the sale of electronic components and electromechanical equipment [1] - The company is permitted to operate independently within the scope of its business license, except for projects that require approval from relevant authorities [1]

Core Points - A new company, Sicounty Jiacheng Automation Technology Co., Ltd., has been established with a registered capital of 50,000 RMB [1] - The company is involved in a wide range of activities including sales of semiconductor devices, industrial robots, and various technology services [1] Company Overview - The legal representative of the company is Liu Zhangqin [1] - The business scope includes sales of semiconductor specialized equipment, industrial robots, and electronic components [1] - The company also engages in technology import and export, technical services, and industrial internet data services [1] Industry Implications - The establishment of this company indicates growth in the automation and semiconductor sectors, reflecting increasing demand for industrial robots and related technologies [1] - The diverse range of services offered, including AI application software development and IoT technology services, suggests a strategic positioning in emerging technology markets [1]