Shanghai SK Petroleum & Chemical Equipment Corporation (002278.SZ) plans to increase its investment in future Siasun Robot & Automation by 15 million yuan to accelerate the domestication process of high-end equipment for deep-sea.

Shanghai SK Petroleum & Chemical Equipment Corporation (002278.SZ) announced that in order to actively respond to the national "deep-sea technology" strategic deployment and accelerate the localization process of high-end deep-sea equipment, in accordance with the company's strategic layout for marine equipment, its wholly-owned subsidiary Shanghai Shengkai Energy Technology Co., Ltd. (hereinafter referred to as "Shengkai Energy Technology") recently signed a "capital increase agreement" with Shandong Future Siasun Robot & Automation Co., Ltd. (hereinafter referred to as "Future Siasun Robot & Automation" or the "target company") and its existing shareholders. Shengkai Energy Technology will increase the capital of the target company by 15 million yuan in cash, of which 144,783 yuan will be used as the target company's additional registered capital, and the remaining amount will enter the target company's capital reserve, corresponding to 1.0990% of the target company's equity after the completion of this transaction. Future Siasun Robot & Automation is a high-quality enterprise in the domestic deep-sea operation-level Siasun Robot & Automation (ROV) and underwater heavy-duty operation system field. It has mature commercial cases in scenarios such as 3,000-meter deep-sea oil and gas engineering, offshore wind power, deep-sea mining, underwater communication, and strategic resource development. This capital increase is a strategic move for the company to layout in the field of high-end deep-sea equipment. As a leading enterprise in the domestic deep-sea Siasun Robot & Automation field, Future Siasun Robot & Automation has the core capability of full-chain independent localization and is an internationally renowned manufacturer and service provider of work-level deep-sea engineering equipment. its outstanding technical strength will inject powerful momentum into the company's research and development and engineering services in the field of marine oil and gas equipment.