Say no because they are two companies.
Say yes, because the future of the two should be a potential competitive relationship.
1. Zhefu Holding Group Co., Ltd. (hereinafter referred to as Zhefu Holdings) is a listed company with group operation, diversified layout and international operation. It has a number of subsidiaries, and its business areas involve hydropower, nuclear power, oil and gas and many other sectors. At present, it has become a large enterprise group with hydropower equipment as the core, nuclear power equipment and special motors as the focus, and coordinated development of international operation and strategic investment in emerging industries. Its core hydropower business segment consists of Zhejiang Fuchunjiang Hydropower Equipment Co., Ltd. and its subsidiaries, covering R&D, design, manufacture and service of large, medium and small hydro-generators, electromechanical general contracting of hydropower projects, mechanical and electrical equipment projects of pumped storage generator sets and power stations, facing the hydropower equipment market in China and the world, and providing customers with complete sets of products and services with advanced technology and reliable quality. At the same time, Zhefu Holdings has made key breakthroughs in key nuclear power equipment, special motor manufacturing and other fields, made forward-looking investments in strategic emerging fields such as micro-finance, oil development, oil service engineering and cultural media business, effectively optimized its business portfolio, and realized the steady progress of the overall strategic layout of Zhefu Group, which will have a positive and far-reaching impact on Zhefu Group.
2. Apollo Machinery Equipment Co., Ltd.: Shanghai Apollo Machinery Co., Ltd., established in Shanghai on 200 1, is a fast-developing high-tech enterprise with an area of 65 mu and a registered capital of 654.38+45 million RMB (US$ 22.3 million). Apollo has civil nuclear safety equipment design qualification (nuclear grade II and III), civil nuclear safety manufacturing qualification (nuclear grade II and III), radiation safety license, ISO900 1 certification, ASME certification (U/U2) and RCCM certification. Since 2006, with its understanding of nuclear power culture and mature experience in design, material procurement management, manufacturing, inspection, delivery, installation and commissioning, Apollo began to supply China nuclear power plant. Today, you can see Apollo pumps and other equipment in every power station in operation and under construction in China. We provide seawater circulating pump, steam-driven auxiliary feed pump and 25 kinds of key equipment. We are cooperating with nuclear power owners in China to provide new product design and research for Cenozoic power stations, including Hualong No.1, CAP 1000, CAP 1400, high temperature gas-cooled reactor and other small reactors.
3. From the introduction of the above two, we can know that Apollo set foot in the domestic nuclear power industry earlier, and its main products include the supply of 25 kinds of key equipment such as circulating pumps. Zhefu Holdings used to focus on hydropower units, and now it is trying its best to expand into the nuclear power industry. Zhefu obtained the qualification to design and manufacture the control rod drive mechanism of nuclear power plant by acquiring Sichuan Huadu Nuclear Equipment Co., Ltd. (Apollo can't provide such products). At the same time, due to the lack of experience in manufacturing pumps for nuclear power, Zhefu Group is currently cooperating with Deep Blue to develop key equipment for nuclear power plants in order to achieve a breakthrough in the design and manufacturing of nuclear power industry. The two companies will definitely have overlapping supply areas in the future, so they will definitely compete with each other in the future, and of course they may cooperate.