Hengtong Optic-electric and others have established a marine technology company.

According to the Qichacha APP, recently, Jiangsu Hengtong Panda Marine Technology Co., Ltd. was established, with Qian Zhikang as the legal representative and a registered capital of 20 million yuan. The business scope includes: manufacturing of marine engineering equipment; manufacturing of deep-sea oil drilling equipment; operation of wires and cables; sales of offshore wind power related equipment, etc. Qichacha's equity penetration shows that the company is jointly held by Jiangsu Hengtong High Voltage Submarine Cable Co., Ltd. under Hengtong Optic-Electric and others.