Core Viewpoint - The company, Beibo Co., Ltd. (002613), announced plans to establish a joint venture, focusing on the manufacturing of high-temperature industrial equipment for the ceramics and other industrial sectors, indicating a strategic expansion beyond the construction industry [1] Group 1: Joint Venture Details - The new subsidiary, Luoyang Beibo High-Temperature Electric Kiln Intelligent Equipment Co., Ltd., will concentrate on the research, production, and technical support of electric kilns, electric furnaces, electric drying ovens, and electric melting furnaces [1] - The registered capital of the new company is set at 10 million yuan, with Beibo contributing 7.5 million yuan, representing 75% of the capital, while the employee stock ownership platform will contribute 2.5 million yuan, accounting for 25% [1]

Core Viewpoint - The company aims to seize market opportunities in the green transformation and intelligent upgrade of the industrial equipment manufacturing sector by establishing a new subsidiary focused on high-temperature electric kiln technology [1] Group 1: Company Investment and Structure - The company plans to jointly invest with the employee stock ownership platform to establish a new subsidiary named Luoyang Beibo High-Temperature Electric Kiln Intelligent Equipment Co., Ltd [1] - The new subsidiary will focus on the research, production, and technical support services for high-temperature industrial kilns, electric furnaces, electric ovens, and electric melting furnaces, specifically in the ceramics and industrial equipment manufacturing sectors outside the construction industry [1] - The registered capital of the new company is set at 10 million yuan, with the company contributing 7.5 million yuan (75% of the capital) and the employee stock ownership platform contributing 2.5 million yuan (25% of the capital) [1]