Shida Shinghwa Advanced Material(SH:603026) Xin Lang Cai Jing·2025-09-04 13:03Core Viewpoint - The company Shida Shenghua announced a strategic investment partnership to establish a joint venture aimed at enhancing competitiveness and long-term development [1] Group 1: Investment Details - Shida Shenghua's subsidiary, Shandong Shenghua Guohong New Materials Co., Ltd., signed an investment cooperation agreement with Tengzhou Tianshui Biotechnology Co., Ltd. [1] - The joint venture, named Jining Shengying Chemical Products Trading Co., Ltd., will have a registered capital of RMB 6 million [1] - Shenghua Guohong will contribute RMB 3.3 million, holding a 55% stake, while Tianshui Biotechnology will contribute RMB 2.7 million for a 45% stake [1] Group 2: Strategic Implications - The investment is aimed at enhancing the competitiveness of both parties involved [1] - The company expects that this investment will not have a significant impact on its operating performance for the year 2025 [1]