Investment Overview - The company plans to establish a joint venture named Luoyang Hangyang Longze Hydrogen Energy Co., Ltd. with Longze Energy and Shanghai Qinfeng Energy Technology Co., Ltd. to build a complete hydrogen energy industry chain [1][2] - The registered capital of the joint venture will be 15 million yuan, with the company contributing 7.65 million yuan (51% stake), Longze Energy contributing 5.85 million yuan (39% stake), and Shanghai Qinfeng contributing 1.5 million yuan (10% stake) [1][2] Joint Venture Details - The joint venture aims to invest in and construct a hydrogen production and filling facility with a capacity of 2825 Nm3/h, producing high-purity hydrogen and hydrogen products for fuel cell vehicles [2][3] - The total investment for the project is approximately 45.5 million yuan, with the joint venture partners contributing 15 million yuan and the remaining funds to be secured through external financing [2][3] Governance Structure - The joint venture will have a shareholders' meeting and a board of directors, with the company recommending 2 directors and Longze Energy recommending 1 director [3][4] - The chairman will be elected from the directors recommended by Longze Energy, and the general manager and financial officer will be recommended by the company [4] Investment Purpose and Impact - The investment leverages the growth opportunities in the domestic hydrogen energy industry and aims to enhance the company's product offerings and overall strength in the hydrogen sector [5] - The investment is not expected to have a significant adverse impact on the company's financial status or operations, and it does not harm the interests of the listed company and its shareholders [5]