Zhongshan Broad-Ocean Motor Co., Ltd.

One of the leading enterprises in global industries such as construction and home appliance motors, automotive rotating electrical equipment, and new energy vehicle electric drive systems. Main products of the company.- Building and home appliance motor products. - Key components for automobiles.The main products include starters and generators for traditional fuel vehicles, powertrain systems for new energy vehicles, core components of hydrogen fuel cell engines, hydrogen fuel cell engines, and powertrain systems. In May 2023, the company began planning the overall independent spin-off and listing of the EVBG division to achieve direct connection between the EVBG division and the capital market, providing a higher and better development platform for the EVBG division.The spin-off listing will be centered around Shanghai Electric Drive Co., Ltd. To meet the regulatory requirements for the spin-off listing and to further clarify and standardize the name of the listed entity, while highlighting the company's strategic layout for future development in the new energy vehicle industry, the "Ocean Electric Motor Vehicle Business Group (EVBG Division)" was renamed "Shanghai Electric Drive Co., Ltd. (Shanghai Electric Drive SHedrive)" in 2023. Thus, "Shanghai Electric Drive (SHedrive)" will be equivalent to the original "Vehicle Business Group (EVBG Division)."Our main products include hydrogen fuel cell engines and their core components (BOP), such as high-speed centrifugal compressors, high-pressure shielded water pumps, hydrogen circulation systems, and high-pressure cooling fans. The company currently has an annual production capacity of over 80 million units of motors for building and household appliances, 6 million units of rotating electrical equipment for vehicles, 1 million sets of new energy vehicle powertrain systems, and 3,000 sets of hydrogen fuel cell systems.The company currently has production bases in domestic locations such as Zhongshan, Xiaochang, Shanghai, Weifang, Wuhu, Liuzhou, Shiyan, Yulin, and Chongqing, and has established factories or sales centers in countries including the United States, the United Kingdom, Mexico, Vietnam, India, Morocco (under construction), and Thailand (under construction). It owns multiple brands such as "Daiyang Motor," "Prestolite," "Shanghai Electric Drive," and "Jienuori."