HFCC(SZ:002806) Ge Long Hui A P P·2025-08-20 12:28Group 1 - The core point of the article is that Huafeng Co., Ltd. plans to establish a joint venture, Xinjiang Huafeng New Materials Technology Co., Ltd., to produce high-pressure aluminum foil for electrolytic capacitors, with a total investment of 210 million yuan [1] - The joint venture will be established in Xinjiang and aims to build a production line with an annual capacity of 4 million square meters of high-pressure aluminum foil [1] - The registered capital of the joint venture is 20 million yuan, with Huayao Huafeng contributing 12 million yuan (60%) and Huaying Investment contributing 8 million yuan (40%) [1] Group 2 - Following the completion of this transaction, Xinjiang Huafeng will be included in the consolidated financial statements of Huafeng Co., Ltd. as a controlled subsidiary [1]