In September 2023, Tianjin Jingwei Zhengneng Electrical Equipment Co., Ltd. and Tianjin Yubo Electrical Equipment Co., Ltd. carried out equity restructuring。After the reorganization, Tianjin Yubo Electrical Equipment Co., Ltd. became a wholly-owned subsidiary of Tianjin Jingwei Zhengneng Electrical Equipment Co., LTD。

      This transaction makes up for the company's gaps in the field of rail transit locomotive and vehicle traction system, in-car and ground station electrical control products and iron core reactors, greatly enriching the company's product categories。