ECH(SH:603200) 智通财经网·2025-08-04 08:13Core Viewpoint - Shanghai Xiba (603200.SH) announced a joint venture with Yuyuan Rare Earth New Materials Co., Ltd. to establish a new limited company, enhancing its competitive edge in advanced materials for lithium-ion solid-state batteries [1] Investment Details - The registered capital of the new subsidiary is set at 200 million yuan, with Shanghai Xiba contributing 165 million yuan, accounting for 82.5% of the capital, while Yuyuan Rare Earth will contribute 35 million yuan, representing 17.5% [1] - The non-monetary assets contributed by Shanghai Xiba include technology and equipment related to lithium sulfide business acquired through the Beijing Property Exchange [1] Strategic Implications - This external investment and establishment of a controlling subsidiary are aimed at improving the company's overall competitiveness in the lithium-ion solid-state battery advanced materials sector [1]