YT(SH:600692) Xin Lang Cai Jing·2025-11-28 08:35Core Viewpoint - The announcement indicates that Yatong Co., Ltd. plans to establish a joint venture, Shanghai Yahang New Energy Co., Ltd., with Hengsha Asset Company, aiming to enhance its business layout in the new energy sector [1] Group 1: Joint Venture Details - Yashen Shuwei, a wholly-owned subsidiary of Yatong Co., Ltd., will contribute 36 million yuan, holding an 80% stake in the new company [1] - Hengsha Asset Company will invest 9 million yuan, acquiring a 20% stake [1] - The registered capital for the joint venture is set at 45 million yuan [1] Group 2: Approval and Impact - The transaction has been approved by the 5th meeting of the 11th Board of Directors of the company [1] - The establishment of the joint venture requires approval from the state-owned assets supervision and administration department [1] - The investment will be made using the company's own funds and is not expected to affect normal operations [1] Group 3: Strategic Implications - The new company may help accelerate the company's business layout in the new energy sector [1] - However, the joint venture could face market and policy risks [1]