Samsung Medical Wholly-owned Subsidiary Completes Commercial Registration Changes, With New Energy and Energy Storage Business Added to Operating Scope

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[Finance Website News] On March 13, Samsung Medical (Stock Code: 601567) announced that its wholly-owned subsidiary, Ningbo Aokes Intelligent Technology Co., Ltd. (hereinafter referred to as “Aokes Intelligent Technology”), has completed the business scope change registration and obtained a new Business License issued by the Ningbo Market Supervision Administration. This change marks Aokes Intelligent Technology’s official expansion into new energy and energy storage-related business areas.

The announcement shows that the scope adjustment for Aokes Intelligent Technology adds several new energy-related businesses on top of its original manufacturing and sales of power transmission and distribution equipment. Specifically, it includes the manufacturing of photovoltaic equipment and components, manufacturing of new energy prime movers, battery manufacturing, energy storage technology services, contract energy management, solar power generation technology services, and wind power generation technology services.

Change Items
Adjustment Details
New Business Areas
Manufacturing and sales of photovoltaic equipment and components; manufacturing and sales of new energy prime movers; manufacturing and sales of batteries
New Technology Services
Energy storage technology services; contract energy management; solar power generation technology services; wind power generation technology services
Core Business Retained
Manufacturing of transformers, rectifiers, and inductors; manufacturing, sales, and R&D of distribution switch control equipment
Other New Businesses
Production and sales of battery parts; manufacturing and sales of power electronic components; software development; import and export agency

Business registration information shows that Aokes Intelligent Technology’s registered capital remains unchanged at 677.246 million yuan. The legal representative is still Dai Dongdong, and the registered address remains at No. 17 and No. 22 Fenglin Road, Cicheng Town, Jiangbei District, Ningbo, Zhejiang Province. The company type is a other joint-stock company (non-listed), with the unified social credit code 91330200728095866K.

Samsung Medical stated that the scope change of its subsidiary is driven by business development needs and aims to expand the company’s layout in the new energy sector, enhancing overall competitiveness. Analysts pointed out that this business expansion will further improve Samsung Medical’s new energy industry chain layout based on its original power transmission and distribution equipment business, creating new profit growth points.

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Editor: Xiao Lang Kuai Bao

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