Core Viewpoint - Xinjiang Tianye (600075.SH) announced a joint investment with Tianchi Energy to establish a new company focused on modern coal chemical green low-carbon technologies and innovative processes [1] Group 1: Joint Venture Details - The joint venture will be named Xinjiang Tiantian United New Materials Co., Ltd. with a registered capital of 50 million yuan [1] - Xinjiang Tianye will contribute 25.5 million yuan, holding a 51% stake, while Tianchi Energy will contribute 24.5 million yuan for a 49% stake [1] Group 2: Strategic Focus - The joint venture aims to promote the preliminary work of coal chemical projects [1] - The initiative is dedicated to exploring sustainable development paths for modern coal chemical processes and facilitating the green transformation of the energy structure and industrial upgrades [1]
新疆天业拟与天池能源设立合资公司 推动煤化工项目前期工作