Core Viewpoint - Lu Xi Chemical (000830.SZ) announced a strategic partnership with Cangzhou Dahua and Sinochem International's wholly-owned subsidiary, Sinochem Plastics, to establish a joint venture aimed at mitigating the adverse effects of industry competition and enhancing sales synergy in the polycarbonate business [1] Group 1: Joint Venture Details - The joint venture, named Sinochem Polycarbonate Sales (Liaocheng) Co., Ltd., is set to be established with a registered capital of RMB 5 million [1] - Lu Xi Chemical will contribute RMB 2.55 million, holding a 51% stake, while Cangzhou Dahua will invest RMB 1.5 million for a 30% stake, and Sinochem Plastics will invest RMB 950,000 for a 19% stake [1] - The agreement was signed on December 22, 2025, under the coordination of China National Chemical Corporation, following thorough communication regarding operational conditions and integration feasibility among the three companies [1] Group 2: Strategic Objectives - The collaboration aims to improve sales coordination among the three parties and integrate their sales resources in the polycarbonate sector [1] - The initiative is part of a broader strategy to enhance the company's sales industrial chain layout and achieve higher quality development [1]
鲁西化工(000830.SZ):拟与关联方共同投资设立合资公司