Core Viewpoint - E-Power Inc. has signed a Memorandum of Understanding (MOU) with Kehui International Ltd to establish a joint venture named E-Power Grid Inc. USA, focusing on microgrids, power equipment, and power automation in North America [1][4]. Group 1: Joint Venture Details - The joint venture will have E-Power as the majority shareholder with at least a 55% stake [2]. - The agreement includes performance-based milestones, targeting $3 million in cumulative sales within the first three years to ensure long-term patent retention [5]. - E-Power will invest $1.5 million in cash for the initial registration and establishment of the joint venture [8]. Group 2: Technological Contributions - Kehui International will contribute its proprietary "Synchronous Constant Frequency Microgrid" patents and provide ongoing technical support [8]. - The joint venture will have exclusive rights to utilize the contributed patent technology within the United States and Canada [8]. Group 3: Market and Operational Strategy - The partnership includes a priority procurement clause, ensuring the joint venture utilizes Kehui's high-quality power products when they meet competitive market standards [8]. - The joint task force will be formed within 30 days to finalize registration, patent appraisals, and capital transfers [5]. Group 4: Company Backgrounds - Kehui International Ltd is recognized for its pioneering work in smart grid and microgrid technology, holding over 80 domestic and international patents [6]. - E-Power is engaged in manufacturing and selling graphite anode material for lithium-ion batteries, with a focus on renewable energy sources for production [10].