Bafang Electric( Suzhou) (SH:603489) Ge Long Hui A P P·2026-02-10 08:39Core Viewpoint - The company Baifang Co., Ltd. (八方股份) announced that its wholly-owned subsidiary Baifang (Tianjin) Electric Technology Co., Ltd. plans to jointly invest in a new entity, Tianjin Trade, with two individuals, which aligns with the company's long-term strategic development [1] Group 1 - Baifang Tianjin will hold a 60% stake in the new Tianjin Trade, while the individual investors Gao Zhiming and Wang Zhimin will hold 30% and 10% respectively [1] - The registered capital for Tianjin Trade is set at 20 million RMB [1] - This investment is aimed at resource integration and market expansion, which is consistent with the company's strategic goals [1] Group 2 - The investment will utilize idle funds and is not expected to have a significant impact on the company's financial and operational status [1] - There are no concerns regarding the potential harm to the interests of the company and its shareholders [1]