Core Viewpoint - The article highlights the transformation of Juyi Rigging Co., Ltd. from a traditional land-based company to a leader in deep-sea technology, emphasizing its innovative products and strategic market positioning in the offshore wind energy sector [1][2]. Company Overview - Juyi Rigging has a 40-year history and is recognized as a leading enterprise in China's rigging industry, contributing to major projects like the Bird's Nest and Hong Kong-Zhuhai-Macao Bridge [1]. - The company is now focusing on deep-sea technology, particularly in the development of mooring systems for floating offshore wind turbines [2]. Technological Innovation - Juyi Rigging has developed a "single-strand permanent mooring steel wire rope," which addresses the high technical barriers in the deep-sea mooring sector, previously dominated by a few Western companies [2]. - The company has created a "visual remote monitoring platform for the entire lifecycle of mooring systems," allowing real-time monitoring of stress, deformation, and corrosion, thus enhancing product longevity and safety [3]. Market Strategy - The company has established a new subsidiary in Tianjin to capitalize on the growing offshore wind energy market, which is projected to see significant growth during the 14th and 15th Five-Year Plans [4][5]. - Juyi Rigging aims to reduce production costs and increase market share through large-scale and intelligent production at its Tianjin base [5]. Industry Context - The global marine economy is accelerating, with China's focus on developing marine technology and protecting marine ecology as outlined in the 20th National Congress report [6]. - The offshore wind energy market in China is expected to grow significantly, with over 70% of resources located in deep waters, necessitating advanced floating technologies [4]. Competitive Landscape - Juyi Rigging is the only company globally to receive international classification society certifications for steel wire ropes, fiber ropes, forged connectors, and complete mooring systems, enhancing its credibility in international markets [3]. - The company faces competition from established Western marine engineering firms, necessitating improvements in technology, branding, and marketing to gain a competitive edge [7]. Future Outlook - The company is optimistic about expanding into emerging sectors such as deep-sea aquaculture, offshore photovoltaics, marine tourism, and seabed resource development, each representing significant market potential [7]. - Juyi Rigging's leadership emphasizes the importance of becoming a dominant player in the rigging industry, with aspirations to expand from a national to an international presence [7].