Group 1 - Nanjing Shadike Intelligent Technology Co., Ltd. has been established with a registered capital of 5 million RMB [1] - The legal representative of the company is Meng Houjie [1] - The company's business scope includes mechanical equipment research and development, general equipment manufacturing, and various technical services [1] Group 2 - The company is involved in the manufacturing and sales of metal cutting machine tools and their functional components [1] - It also provides services such as technology transfer, enterprise management consulting, and information technology consulting [1] - The company is permitted to engage in import and export activities related to goods and technology [1]

Core Viewpoint - The company plans to establish a wholly-owned subsidiary with an investment of 50 million yuan, named Deqing Fangzheng Smart Drive Application Technology Co., Ltd, pending approval from market supervision authorities [1] Group 1: Investment Details - The company will invest 50 million yuan in cash to set up the subsidiary [1] - The registered capital of the new subsidiary will be 50 million yuan [1] Group 2: Management and Operations - The legal representative of the new subsidiary will be Niu Mingkui [1] - The business scope of the subsidiary includes testing services, mechanical equipment research and development, information system integration services, technical services, technical development, technical consulting, technical exchange, technical transfer, technical promotion, as well as import and export of technology and agency services [1]