Xin Lang Cai Jing·2025-12-25 20:25Core Viewpoint - The company, Fuyao Glass Group Co., Ltd., is planning to jointly invest with an affiliate, Jiaxing Yihe Investment Co., Ltd., to establish a new company named Shanghai Fujie New Materials Co., Ltd., with a registered capital of RMB 50 million, where the company will hold 40% and Yihe Investment will hold 60% [2][4]. Group 1: Investment Overview - The total investment amount for the new company is RMB 50 million, with the company contributing RMB 20 million in cash for a 40% stake [2][4]. - The investment constitutes a related party transaction but does not qualify as a major asset restructuring under relevant regulations [2][6]. Group 2: Approval and Procedures - The transaction has been approved by the company's board of directors and does not require shareholder approval [3][6]. - The establishment of the new company is subject to the completion of necessary registration and approval processes [3][13]. Group 3: Impact on the Company - The investment will not change the scope of the company's consolidated financial statements and will not adversely affect its normal operations [9]. - The investment is expected to align with the company's strategic development and enhance operational efficiency without causing competition with its main products [9][12].