XCC(SH:603667) Ge Long Hui A P P·2026-02-05 10:34Core Viewpoint - The establishment of a joint venture between Wuzhou Xinchun, Xinchun Aerospace, and Zhongzhe High-speed Rail aims to develop high-end bearings, enhancing the company's strategic positioning in the specialized bearing market [1][3]. Group 1: Joint Venture Details - The registered capital of the joint venture is set at RMB 60 million, with contributions from Xinchun Aerospace (RMB 27 million), Wuzhou Xinchun (RMB 12 million), and Zhongzhe High-speed Rail (RMB 21 million) [1]. - The joint venture will focus on the research, manufacturing, and sales of specialized bearings for high-end equipment and technology industries [2]. Group 2: Strategic Implications - The collaboration is designed to leverage the strategic resources of both parties, enhancing the company's profitability and core competitiveness through industry chain synergy [3]. - The joint venture will serve as a supplier to Xinchun Aerospace and Zhongzhe High-speed Rail, fulfilling existing and new orders while retaining a profit margin of 3%-5% based on sales [2].