Doosan Group Chairman Park Jeong-won is leading a restructuring effort within the South Korean conglomerate, aiming to refocus its business structure on clean energy and smart machine sectors for increased synergy among its affiliates. As part of this plan, Doosan Bobcat will undergo a spin-off merger to become a wholly-owned subsidiary of Doosan Robotics. Additionally, Doosan Enerbility will split into two companies, with one handling ongoing energy businesses and the other becoming an investment firm to take control of Doosan Bobcat's stake. Doosan Robotics intends to acquire the remaining stake in Bobcat from the market through a tender offer and eventually delist Bobcat from Korea's main bourse Kospi. The restructuring aims to leverage the strengths of Doosan Bobcat in customer touchpoints, channel management, and financing in advanced markets to expand Doosan Robotics' presence in North America and Europe. The plan also seeks to create synergy between the two companies by jointly conducting research and development tasks, such as developing motion control technology using artificial intelligence and strengthening vision recognition technology. Doosan emphasized its commitment to three pillars for future growth: "Clean Energy," "Smart Machines," and "Advanced Materials," with Doosan Robotics and Bobcat leading the smart machine business and Doosan Enerbility and its subsidiary Doosan Fuel Cell driving the clean energy sector. The restructuring is expected to create a more efficient business environment, generate synergy, and open up new business opportunities for the conglomerate.