On July 18, 2016, approved by the Nanjing Administration for Industry and Commerce, "Nanjing Eurotherm Electric Drive Co., Ltd." was officially renamed as "Nanjing Eurotherm Electric Co., Ltd." Additionally, the company's registered capital increased from 30.8 million yuan to 50.8 million yuan.

This successful shareholding reform is the result of Eurotherm Electric's relentless efforts over the past decade and a testament to the company's growing strength. It serves as a significant motivation for the core team and marks a milestone in the company's development, laying a solid foundation for its entry into the capital market.

Adhering to its operational philosophy of "Energy Conservation in Heart, Efficiency in Action" and core values of "Team Collaboration, Continuous Innovation, Responsibility-Based Entrepreneurship, and Win-Win Cooperation," Eurotherm Electric will strictly comply with the requirements of listed companies to enhance standardized management, optimize development strategies, and improve profitability. The company will accelerate its integration with the capital market, plan to list on the New Third Board, and leverage capital market resources to achieve long-term growth. By creating value for customers, opportunities for employees, and fulfilling social responsibilities, Eurotherm Electric aims to develop collaboratively with society, clients, and employees, working together to build a better future.