Xiantong Stock(SH:603239) Ge Long Hui A P P·2025-09-25 12:43Core Viewpoint - Zhejiang Xiantong (603239.SH) plans to invest 40 million yuan in Haohai Xingkong, acquiring a 10% stake post-investment, indicating a strategic move into the robotics sector, which is unrelated to its current main business [1] Group 1: Investment Details - The investment amount is set at 40 million yuan, which will allow Zhejiang Xiantong to hold a 10% stake in Haohai Xingkong after the completion of the capital increase [1] - Following the investment, Zhejiang Xiantong and Haohai Xingkong will establish a joint venture company, with Zhejiang Xiantong holding a controlling interest [1] Group 2: Joint Venture Structure - The joint venture will be registered in Xianju County, Taizhou City, Zhejiang Province, and will take the form of a limited liability company [1] - The registered capital of the joint venture is 20 million yuan, with Zhejiang Xiantong committing to contribute 10.2 million yuan, representing 51% of the registered capital [1] Group 3: Business Implications - This collaboration is focused on the robotics business, which is a new area for Zhejiang Xiantong and does not align with its existing main business operations [1] - The venture introduces uncertainty regarding the company's future operations due to its involvement in an unestablished business segment [1]