HFCC(SZ:002806) Ge Long Hui·2025-08-20 12:47Core Viewpoint - Huafeng Co., Ltd. (002806.SZ) plans to establish a joint venture with Huaying Investment to build a production line for high-voltage electrolytic foil with an annual capacity of 4 million square meters, with a total investment of 210 million yuan [1] Group 1: Joint Venture Details - The joint venture, tentatively named Xinjiang Huafeng New Materials Technology Co., Ltd., will be established to meet the strategic development needs of Huafeng New Energy Technology Co., Ltd. [1] - The registered capital of the joint venture is set at 20 million yuan, with Huayao Huafeng contributing 12 million yuan (60%) and Huaying Investment contributing 8 million yuan (40%) [1] Group 2: Project Scope and Financials - The project will focus on the production and sales of high-voltage electrolytic foil specifically for aluminum electrolytic capacitors [1] - Following the completion of this transaction, Xinjiang Huafeng will be included in the company's consolidated financial statements as a controlled subsidiary [1]