Core Viewpoint - Baoguang Co., Ltd. (600379.SH) announced a joint investment with Xidian Group's wholly-owned subsidiary, Xidian Smart, and its controlling subsidiary, Baoguang Zhizhong, to establish a project company named Shanwei Tangxing, with a registered capital of 1 million RMB [1] Group 1: Investment Details - The shareholding structure of the project company is as follows: Xidian Smart holds 50%, Baoguang Co., Ltd. holds 30%, and Baoguang Zhizhong holds 20% [1] - The joint investment constitutes a related party transaction, but the single amount does not reach the board's review standard, having been approved by the company's party committee and general manager's office [1] Group 2: Strategic Objectives - The investment aims to actively respond to the national new energy storage development strategy and support the construction of a new power system [1] - The collaboration seeks to enhance technical reserves in the energy storage frequency modulation field and establish a quality brand image in this sector [1] Group 3: Capital Increase - The three parties plan to increase the capital of Shanwei Tangxing by 56 million RMB in proportion to their shareholdings, with Xidian Smart contributing 28 million RMB, Baoguang Co., Ltd. contributing 16.8 million RMB, and Baoguang Zhizhong contributing 11.2 million RMB [1] - After the capital increase, the shareholding ratios of the parties will remain unchanged [1]
宝光股份(600379.SH):西电智慧、宝光股份、宝光智中对项目公司汕尾唐兴增资5600万元