CREAT(SZ:002350) Shang Hai Zheng Quan Bao·2025-12-29 18:55Core Viewpoint - Beijing Keri Group Co., Ltd. has approved a proposal to establish a joint venture in Ireland to expand its overseas renewable energy business, with a total investment of €80,000, where Keri Energy Management Co., Ltd. will hold an 80% stake [1][5][6]. Group 1: Investment Overview - The investment aims to enhance the company's international business strategy in the renewable energy sector [6][22]. - Keri Energy Management will invest €80,000, while Greenova Energy Limited will contribute €20,000, resulting in an 80% and 20% ownership structure, respectively [6][13]. - This investment does not constitute a related party transaction or a major asset restructuring as defined by regulations [6][22]. Group 2: Company and Partner Information - Keri Energy Management Co., Ltd. has a registered capital of 200 million RMB and is a wholly-owned subsidiary of Beijing Keri Group [7]. - Greenova Energy Limited, based in Dublin, Ireland, has a registered capital of €100,000 and focuses on renewable energy project development and management [9][10]. Group 3: Joint Venture Company Details - The new joint venture, tentatively named Creative Energy Investments (Europe) Limited, will have a registered capital of €100,000 and will focus on energy investment and management [12][13]. - The governance structure will include a board of directors with three members, where Keri Energy Management will appoint two directors [15][18]. Group 4: Purpose and Impact of Investment - The investment is intended to facilitate the company's international expansion and enhance its competitive capabilities in the renewable energy sector [22]. - The funding will come from the company's own or raised funds, ensuring no adverse impact on its financial status or ongoing operations [22].