Jikai Equipment Manufacturing Co., Ltd. (002691.SZ) researches, develops, manufactures, and sells mining and transportation machinery primarily for coal mines in China and internationally. The company offers support machinery including machines and tools for drilling, mixing, and installing bolts and cables in coal mine roadways; safety drilling rigs for underground gas drainage, water detection, outburst prevention, pressure relief, and geological exploration; tunneling equipment such as roadheaders and roofbolters for tunneling faces; transportation machinery comprising 3D forming and casting scraper conveyors, monorail crane transportation equipment, casting middle grooves, and auxiliary transportation equipment; as well as mining equipment and electrical appliances. Founded in 2003 and headquartered at No. 418 Xiangjiang Road, National New Hi-Tech Industrial Development Zone, Shijiazhuang, Hebei Province, China, the company operates mainly in the coal mining equipment sector, serving major coal enterprises across China's production areas and pursuing international expansion. In recent developments, Hangzhou Yanre Industry Co., Ltd. completed the acquisition of a 12.12% stake from Tianjin Dingjie Asset Management Ltd., and the company is actively expanding export business while reporting financial updates including a shift to net losses in early 2025 periods amid performance forecasts for 2024.