ELHT(SH:600133) Zheng Quan Zhi Xing·2025-09-05 16:22Core Viewpoint - The company plans to establish a joint venture with an affiliated party to invest in a waste incineration power generation project in Changzhi City, which is expected to enhance operational capabilities and strategic alignment [1][3][9] Group 1: Investment Details - Shanghai Taixin Environmental Engineering Co., Ltd. (Taixin Environment) will invest a total of CNY 75,126,060 in the joint venture, holding 49% of the equity, while Hongji Junye Environmental Technology Co., Ltd. (Hongji Junye) will hold 51% [2][3] - The project involves a total investment of CNY 375.63 million, with a daily waste processing capacity of 500 tons and a concession period of 40 years [3][9] Group 2: Corporate Governance - The investment agreement has been approved by the company's board of directors and independent directors, ensuring compliance with relevant regulations [2][10] - The board of the project company will be controlled by Taixin Environment, allowing it to influence operational decisions and financial returns [9][10] Group 3: Strategic Implications - The joint venture is expected to facilitate the development of Taixin Environment, aligning with the company's strategic goals and benefiting shareholders [9][10] - The project is positioned as a high-value investment opportunity, with potential for future expansion into related waste management services [9][10]