Haoneng Co., Ltd. intends to bolster its wholly-owned subsidiary, Chongqing Haoneng Transmission Technology, with an additional capital investment of 100 million yuan. This influx of funds will be dedicated to the development of smart manufacturing core components, aimed at advancing technology and enhancing production capabilities within the new energy vehicle and robotics sectors. The objective is to expand production scale for robot reducers, establish intelligent production lines, and ultimately, strengthen the company's market position and competitiveness.