Group 1 - The global trade tensions are escalating due to the fluctuating U.S. tariff policies, leading to instability in order volumes for South Korean shipbuilding companies [1] - Many South Korean small and medium-sized ship equipment companies are shifting their focus to the Chinese market, which has the largest shipbuilding order volume globally [1] - Busan, South Korea's second-largest city and a hub for the shipbuilding industry, houses nearly 60% of the country's small and medium-sized ship equipment companies [3] Group 2 - A company in Busan reported that its export to China in the first half of the year was approximately 240 billion Korean won (about 125 million RMB), accounting for around 30% of its total sales [6] - Despite South Korean shipbuilders focusing on high value-added and environmentally friendly vessels, the low proportion of orders for container ships, bulk carriers, and oil tankers is prompting more small and medium-sized ship equipment companies to accelerate their international expansion [8] - Major ship equipment exported from South Korea to China includes ship safety monitoring systems, energy-saving devices, and engine components [9] Group 3 - Some South Korean companies are relocating production processes, such as hull manufacturing, to China to enhance production efficiency, with components being sent back to South Korea for assembly [9]