IAT(SZ:300825) Ju Chao Zi Xun·2025-11-03 13:53Group 1 - The core announcement is that the company has signed a joint venture agreement with Wuhu Huawan Zhanzheng Equity Investment Fund to establish a new company in Wuhu, Anhui Province, named Alter New Energy Powertrain (Wuhu) Co., Ltd. (tentative name) [2] - The registered capital of the joint venture is RMB 67,151 million, with the company contributing RMB 60,151 million, which represents 89.5757% of the total registered capital [2] - The joint venture will have a board of directors consisting of three members, all nominated by the company, and a supervisor also nominated by the company [2] Group 2 - The investment aims to further integrate regional quality industrial resources, expand existing production capacity, and enhance the company's business depth and comprehensive competitiveness in the new energy vehicle powertrain sector [3] - The newly established joint venture will be included in the company's consolidated financial statements, and it is expected that there will be no significant impact on the company's financial status and operating results for the current year [3] - There is a buyback clause in the agreement, allowing Wuhu Huawan Zhanzheng to request a buyback of its shares if the joint venture does not complete an A-share IPO by December 31, 2029, or fails to meet agreed performance targets [2]