Zhi Tong Cai Jing·2025-11-19 09:54Core Viewpoint - Dongfang Electric (600875) is responding to policy changes and market competition by forming a joint venture with Anhui Energy, aiming to enhance its wind farm operational capabilities and mitigate investment risks through strategic collaboration [1] Group 1: Joint Venture Formation - Dongfang Electric's subsidiary, Dongfang Wind Power, will invest in a joint venture by contributing 100% equity of Muli Dongji, valued at approximately 90,984.68 million yuan, while Anhui Energy will contribute 94,698.3405 million yuan in cash [1] - The joint venture will have a registered capital of 185,683.0205 million yuan, with Dongfang Wind Power holding 49% and Anhui Energy holding 51% [1] Group 2: Strategic Objectives - The partnership aims to align with the national "dual carbon" strategy, optimize state capital layout, and promote professional integration and resource complementarity [1] - The transaction is expected to enhance the quality of development for Dongfang Wind Power and is projected to increase the company's total profit in 2025, subject to audit results [1]