上海九百(600838.SH)：拟与九百集团和恒宜商共同出资设立有限责任公司

Core Viewpoint - Shanghai Jiubai (600838.SH) has announced the establishment of a joint venture with related parties to focus on high-quality development, with a registered capital of RMB 86 million [1] Group 1: Investment Details - The company will invest RMB 25.8 million to hold a 30% stake in the new company [1] - Jiubai Group will contribute RMB 8.6 million for a 10% stake, while Hengyi Commerce will invest RMB 51.6 million for a 60% stake [1] - All parties will contribute cash, and the equity stakes will be determined based on their respective contributions [1] Group 2: Purpose and Operations - The new company will operate the commercial project located at 1038 Nanjing West Road, Shanghai [1] - The initiative aims to inject new momentum into regional development and industrial upgrading [1] Group 3: Regulatory Compliance - The related party transaction is exempt from shareholder approval according to the Shanghai Stock Exchange listing rules [1]