Group 1 - The company has two subsidiaries in the shipbuilding sector [1] - The controlling subsidiary, Hangzhou Huashi Hangyu Ship Technology Development Co., Ltd., specializes in the research and production of electric ship propulsion systems, intelligent ship equipment, and intelligent navigation systems [1] - The wholly-owned subsidiary, Zhejiang Chuanjiabao Technology Co., Ltd., is developing the "Chuanjiabao" platform aimed at creating a digital platform for inland shipping, providing comprehensive data services for practitioners in Zhejiang's inland shipping industry [1]