Core Viewpoint - The company has signed a joint venture agreement to establish a new company focused on electric vehicle powertrains in Wuhu, Anhui Province, aiming to enhance production capacity and meet industry demands [1][2]. Group 1: Joint Venture Details - The joint venture, named Alte New Energy Powertrain (Fanchang) Co., Ltd., will have a registered capital of 672 million yuan [1]. - The company will contribute 602 million yuan, which includes 425 million yuan for 100% equity of its subsidiary and 177 million yuan for related technology [1]. - The partner, Wuhu Hu'an Zhanxin Equity Investment Fund, will contribute 70 million yuan in cash, holding a 10.42% stake in the joint venture [1]. Group 2: Strategic Objectives - The establishment of the joint venture aims to integrate regional industrial resources and expand existing production capacity [2]. - The joint venture will focus on developing and mass-producing electromagnetic clutches as its core product, with plans to diversify its product offerings over time [2]. - The initiative is expected to enhance customer response efficiency and delivery flexibility, strengthening business cooperation within the industry [2].

Core Viewpoint - The company, Altec Automotive Technology Co., Ltd., has signed a joint venture agreement with Wuhu Hu'an Zhanxin Equity Investment Fund to establish a new company focused on electric vehicle powertrain technology in Wuhu, Anhui Province, which aims to enhance its competitive position in the automotive core power system market [1][2] Group 1: Joint Venture Details - The joint venture, tentatively named Altec New Energy Powertrain (Fanchang) Co., Ltd., will have a registered capital of RMB 671.51 million, with Altec contributing RMB 600.51 million, representing 89.58% of the total capital [1] - Altec's contributions include 100% equity of its wholly-owned subsidiary, Sichuan Altec New Energy Vehicle Co., Ltd., valued at RMB 425 million, and technology related to integrated pure electric vehicle powertrain development, valued at RMB 176.51 million [1] Group 2: Strategic Objectives - The establishment of the joint venture aims to leverage local industrial policies and regional advantages to enhance production capacity and meet the demands of leading enterprises in the industry chain [2] - The joint venture will focus on developing and mass-producing electromagnetic clutches as its core product while exploring a diversified product line to improve business layout [2] - This investment is expected to deepen the company's involvement in the automotive core power system sector and strengthen its competitiveness in the core components market [2]

Core Viewpoint - The company, Altec Automotive Technology Co., Ltd., has signed a joint venture agreement with Wuhu Hu'an Zhanxin Equity Investment Fund to establish a new company focused on electric vehicle powertrain technology in Wuhu, Anhui Province, which aims to enhance its competitive position in the automotive core power system market [1][2] Group 1: Joint Venture Details - The joint venture, tentatively named Altec New Energy Powertrain (Fanchang) Co., Ltd., will have a registered capital of RMB 671.51 million, with Altec contributing RMB 600.51 million, representing 89.58% of the total capital [1] - Altec's contributions include 100% equity of its wholly-owned subsidiary, Sichuan Altec New Energy Vehicle Co., Ltd., valued at RMB 425 million, and technology related to integrated pure electric vehicle powertrain development, valued at RMB 176.51 million [1] Group 2: Strategic Objectives - The establishment of the joint venture aims to leverage local industrial policies and regional advantages to enhance production capacity and meet the demands of leading enterprises in the industry chain [2] - The joint venture will focus on the development and mass production of electromagnetic clutches as its core product, with plans to explore a diversified product line [2] - This investment is expected to deepen the company's business in the automotive core power system sector and strengthen its competitiveness in the core components market [2]

Group 1 - The company has signed a joint venture agreement with Wuhu Hu'an Zhanxin Equity Investment Fund to establish a new company in Wuhu, Anhui Province, focusing on new energy vehicle powertrain projects [1][2] - The registered capital of the joint venture, named Alter New Energy Powertrain (Fanchang) Co., Ltd., is set at 672 million yuan, with the company contributing 602 million yuan, representing approximately 89.58% of the total capital [1] - The joint venture aims to integrate regional quality industrial resources, expand existing production capacity, and enhance responsiveness to industry chain demands [2] Group 2 - The core product of the joint venture will be the electromagnetic clutch, with plans to advance research and production while exploring a diversified product line [2] - The establishment of the joint venture will allow the company to deepen business cooperation and improve delivery flexibility [2]

Core Viewpoint - The company, Altec, has signed a joint venture agreement with Wuhu Hua'an Zhanxin Equity Investment Fund to establish a new company focused on electric vehicle powertrains in Wuhu, Anhui Province, enhancing its competitiveness in the automotive core power system sector [1] Group 1: Joint Venture Details - The joint venture, named Altec New Energy Powertrain (Fanchang) Co., Ltd., will have a registered capital of 672 million yuan [1] - Altec will contribute 425 million yuan through the 100% equity of its wholly-owned subsidiary, Sichuan Altec New Energy Vehicle Co., Ltd., and 177 million yuan through technology related to integrated pure electric vehicle powertrain R&D, totaling 602 million yuan, which represents 89.5757% of the registered capital [1] Group 2: Strategic Implications - This investment will help the company deepen its business in the core power system of vehicles and enhance its comprehensive competitiveness in the core components market [1] - The joint venture will focus on the development and mass production of electromagnetic clutches as its core product while exploring a more diversified product line to improve its business layout [1]

Group 1 - The company, Alite, announced the convening of its 22nd meeting of the fifth board of directors on October 31, 2025, to discuss the proposal for establishing a joint venture [1] - The meeting will review documents related to external investment and the establishment of the joint venture [1]

Core Viewpoint - The company Altec (300825.SZ) has signed a joint venture agreement with Wuhu Huazhan New Energy, investing a total of 671.51 million yuan to establish a new company focused on new energy powertrains, enhancing its competitive edge in the automotive core power system sector [1]. Group 1 - Altec will contribute 601.51 million yuan through its wholly-owned subsidiary, Sichuan Altec New Energy Co., Ltd., representing 89.5757% of the registered capital [1]. - Wuhu Huazhan New Energy will invest 70 million yuan in cash, accounting for 10.4243% of the registered capital [1]. - This investment aims to deepen the company's business in automotive core power systems and support its "technology + supply chain" strategy for international expansion [1].

Core Viewpoint - The company, Altec, has signed a joint venture agreement with Wuhu Huazhan New Energy to establish a new company focused on new energy powertrains, enhancing its competitive edge in the automotive core power system sector [1] Investment Details - Altec will contribute 601.51 million yuan through its wholly-owned subsidiary, Sichuan Altec New Energy Co., Ltd., representing 89.5757% of the registered capital [1] - Wuhu Huazhan New Energy will invest 70 million yuan in cash, accounting for 10.4243% of the registered capital [1] Strategic Implications - This investment is aimed at deepening the company's business in automotive core power systems, thereby strengthening its overall competitiveness [1] - The joint venture supports the company's strategy of "technology + supply chain" for international expansion [1]

Core Viewpoint - The company has signed a joint venture agreement with Wuhu Huaan Zhanxin Equity Investment Fund Partnership to establish a new company focused on electric vehicle powertrains in Wuhu, Anhui Province [1] Group 1: Joint Venture Details - The joint venture company, Alter New Energy Powertrain (Fanchang) Co., Ltd., has a registered capital of RMB 672 million [1] - Alter contributes 89.5757% of the registered capital, amounting to RMB 602 million, through the 100% equity of its wholly-owned subsidiary Sichuan Alter New Energy Vehicle Co., Ltd. valued at RMB 425 million and related technology valued at RMB 177 million [1] - Wuhu Huaan Zhanxin contributes 10.4243% of the registered capital, amounting to RMB 70 million in cash [1]

二、交易对手方介绍 （一）基本情况 证券代码：300825 证券简称：阿尔特 公告编号：2025-070 阿尔特汽车技术股份有限公司 关于对外投资设立合资公司的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 一、对外投资概述 根据战略规划和经营发展需要，阿尔特汽车技术股份有限公司（以下简称阿 尔特或公司、乙方）于 2025 年 10 月 31 日与芜湖华安战新股权投资基金合伙企 业（有限合伙）（以下简称芜湖华安战新、甲方）签订了《合资协议书》，双方 约定共同出资在安徽省芜湖市繁昌区成立合资公司阿尔特新能源动力总成（繁昌） 有限公司（暂定名，最终以相关市场监督管理部门核准的名称为准，以下简称繁 昌阿尔特或合资公司、目标公司）并开展运营。繁昌阿尔特注册资本为人民币 67,151.00万元，其中，阿尔特以全资子公司四川阿尔特新能源汽车有限公司100% 股权作价人民币 42,500.00 万元、以集成式纯电动汽车动力总成研发项目相关技 术作价人民币 17,651.00 万元，合计认缴繁昌阿尔特注册资本人民币 60,151.00 万元，占注册资本总额的 89.57 ...