On June 27, 2023, the Intermediate People's Court of Ma'anshan City issued a Civil Award, approving the merger and reorganization plan of five companies including Jingtian Intelligent Equipment Co., Ltd. Thus, the one-and-a-half-year company reorganization work has been successfully completed, and the company will enter a new stage of rapid development with light equipment.

　　Due to factors such as setbacks in the early stage of listing on the ChiNext board and excessive investment in the new factory area, the company has suffered from heavy fixed assets and a shortage of working capital, which has plunged the company into development difficulties. In 2021, the municipal government established the Jingtian Intelligent Relief Leadership Group to assist in formulating the company's restructuring plan. Through measures such as clearing debts and debts, exploring the potential value of the enterprise, and introducing new investment capital, the company's restructuring plan was successfully approved by various stakeholders through voting.

　　After the restructuring, the company will continue to leverage its technological advantages in the field of hydraulic and control, focusing on the development of three leading products: special robots, intelligent robotic arms, and hydraulic wrists. It is determined to refine, strengthen, and expand its products, better serve various industries, achieve rebirth, and create brilliance again!