J P M O R G A N Asia Pacific Equity Research 12 October 2025 This material is neither intended to be distributed to Mainland China investors nor to provide securities investment consultancy services within the territory of Mainland China. This material or any portion hereof may not be reprinted, sold or redistributed without the written consent of J.P. Morgan. China Electric Motor Suppliers Powering what's next: Initiate coverage of Johnson Electric at OW and Wolong Electric at Neutral We initiate coverage ...

Core Viewpoint - The demand for magnetic levitation bearingless motors is increasing in China due to the transition in energy structure and rising environmental awareness, with the market expected to reach 394 million yuan in 2024, a year-on-year growth of 10.16% [1][6]. Overview - Magnetic levitation bearingless motors, also known as bearingless slice motors, integrate magnetic levitation technology with motor drive technology, eliminating traditional mechanical bearings and achieving contactless suspension through magnetic field forces, resulting in low friction, low noise, high efficiency, and high precision [2][3]. Development History - The development of magnetic levitation bearingless motors began in the mid-1970s, with significant contributions from researchers in Germany, the United States, and Japan, leading to various prototypes and advancements in the technology [3][4]. Market Policies - The Chinese government has recognized magnetic levitation technology as a strategic emerging industry, implementing various supportive policies to foster the development of the magnetic levitation bearingless motor industry [5][6]. Industry Chain - The industry chain for magnetic levitation bearingless motors includes upstream sectors such as magnetic materials and electronic components, midstream design and production, and downstream applications in industrial automation, smart homes, and healthcare [5][6]. Current Development Status - The magnetic levitation bearingless motor industry in China is still in its development phase, with a limited number of participants, including both domestic and international companies. Domestic companies are rapidly increasing their market share and technological capabilities [7][8]. Representative Companies - Notable domestic companies include Suzhou SuMag Intelligent Technology Co., Ltd., which focuses on high-purity and low-shear magnetic levitation motors for various sectors, and PanShi Technology (Shenzhen) Co., Ltd., which aims to lead the industrial application of magnetic levitation technology in China [8][9]. Future Development Trends - The magnetic levitation bearingless motor technology is expected to mature and expand into more fields, including high-end medical equipment and precision instrument manufacturing, with potential for cost reduction and increased domestic production capabilities [10][11].

North Reading, MA, May 14, 2025 (GLOBE NEWSWIRE) -- Powerdyne International, Inc. (Ticker: PWDY) ("Powerdyne" and / or the "Company") announces A Letter to the Shareholders Update. Dear Shareholders, We would like to thank all our shareholders for their patience and perseverance as Powerdyne International, Inc. (the "Company", "Powerdyne", "us", "we") continues to grow and evolve. In the coming year, Powerdyne will continue our focus on two key objectives: up-listing PDI to OTCQB and expanding the company t ...

Group 1 - The government report emphasizes the need for developing new productive forces and modern industrial systems, focusing on technological and industrial innovation integration [1] - Shenzhen Stock Exchange has become a crucial platform for implementing innovation-driven development strategies and fostering high-quality economic growth, nurturing quality tech companies [1] - Shenzhen-listed companies have significantly increased their R&D investments, with total R&D expenditures reaching 742.7 billion yuan in 2023, up from 578.91 billion yuan in 2021 [2] Group 2 - Companies like Wuhan Raycus Fiber Laser Technologies Co., Ltd. have achieved groundbreaking technological advancements, such as the world's first 200kW ultra-high-power fiber laser, enhancing China's position in fiber laser technology [3] - Key players like Koller Motor Group focus on independent R&D and collaboration with international research institutions to advance core technologies in motor and control systems [4] - Capital markets play a vital role in supporting companies like Midea Group in expanding their operational capabilities and enhancing profitability through strategic acquisitions and partnerships [5] Group 3 - Midea Group has seen a twofold increase in total revenue and a threefold increase in net profit over the past decade, with significant R&D investments totaling nearly 60 billion yuan from 2019 to 2023 [5] - Koller has expanded its financing channels since going public, enabling further investment in cutting-edge technology to overcome industry challenges [6] - Companies like Guangdong Tuosda Technology Co., Ltd. leverage capital market opportunities to enhance their technological capabilities in the artificial intelligence sector [6]