Core Viewpoint - The company, JiuLi Rigging, is shifting its strategy from a steady approach to a faster development pace, focusing on high-quality growth in its steel wire rope business and aligning with national deep-sea marine strategies for future development [1] Group 1: Strategic Development - The company held its first large-scale investor communication meeting since its listing 15 years ago, indicating a commitment to accelerate its development pace [1] - The investment in the Tianjin project aligns with national deep-sea marine strategies, marking it as a significant direction for future growth [1] Group 2: Market Potential in Deep-Sea Wind Power - The domestic deep-sea wind power projects are still in their infancy, with the government emphasizing the development of deep-sea technology as a key emerging industry by 2025 [2] - The global offshore wind energy resources exceed 100 billion kilowatts, with over 70% located in deep-sea areas, indicating substantial market potential for deep-sea mooring systems [2] Group 3: Product Development and Applications - The company has established JiuLi Marine Technology (Tianjin) Co., Ltd. to produce deep-sea mooring products, with a focus on single-strand mooring steel wire ropes and fiber mooring cables [3] - The company is the only global entity to have obtained certification for all products in the mooring system, which is crucial for floating wind turbines [3] Group 4: Financial Performance - The company reported a revenue of 1.14 billion yuan in the first half of the year, a year-on-year increase of 17.45%, and a net profit of 9.35 million yuan, up 137.21% [6] - The company has been diversifying its business structure, with engineering and metal rigging now accounting for over 50% of revenue [6] Group 5: Capacity Expansion and New Ventures - The company has seen rapid capacity growth in its Henan production area, with a project capable of producing 100,000 tons of steel wire ropes now fully operational [7] - The company is also venturing into the civil aerospace rocket recovery sector, collaborating with multiple aerospace companies [7]