Core Viewpoint - Jiangsu Cable has signed a cooperation agreement with the Changzhou government to enter the new energy sector, planning to build around 40 "light-storage-charging" stations within three years to provide vehicle charging services for government, enterprises, and individuals [1] Group 1: Joint Venture and Investment - A joint venture will be established with an initial registered capital of 90 million yuan, where Jiangsu Cable holds 51% and the other partners hold a combined 49% [1] - The company will focus on microgrid business to provide stable energy support and efficient resource coordination solutions for smart city construction [1] Group 2: Areas of Cooperation - The partnership will deepen cooperation in areas such as information technology construction, 5G factory development, digital cultural industry exploration, and cultural IP development [1] Group 3: Strategic Advantages - The joint venture highlights the "complementary advantages" characteristic, leveraging Changzhou's local strengths in new energy technology research and core product supply, while activating Jiangsu Cable's provincial channel network, infrastructure coverage, and user resource reserves [1]