Ge Long Hui A P P·2025-11-19 08:31Core Viewpoint - Dongfang Electric (600875.SH) is responding to policy changes and market competition by forming a joint venture with Waneng Energy to enhance its wind farm operational capabilities and manage investment risks [1] Group 1: Joint Venture Formation - Dongfang Wind Power plans to invest in a joint venture by contributing 100% equity of Muli Dongji, aiming to establish a partnership that promotes resource sharing and risk management [1] - The joint venture will be co-established with Waneng Energy, where Dongfang Wind Power holds a 49% stake and Waneng Energy holds a 51% stake [1] Group 2: Financial Details - The registered capital of the joint venture is 185,683.0205 thousand yuan [1] - The total assessed value of Muli Dongji's equity, as per the asset evaluation report dated June 30, 2025, is 90,984.68 thousand yuan [1] - Waneng Energy will contribute 94,698.3405 thousand yuan in cash to the joint venture [1]