Zhitong Financial APP, Guanghua Technology (002741.SZ) announced that Guangzhou Sandian Technology Co., Ltd. (hereinafter referred to as "Sandian Technology") and Guangzhou Public Transport Group New Energy Development Co., Ltd. (hereinafter referred to as "Public Transport New Energy") intend to jointly fund the establishment of a joint venture company (hereinafter referred to as "joint venture company"). The registered capital of the joint venture company is 17.5 million yuan, and both sides contribute actual contributions in the form of currency, of which public transportation new energy contributes 8.925 million yuan, accounting for 51 percent, and Sandian science and technology contributes 8.575 million yuan, accounting for 49 percent.
Based on the company's development strategy and comprehensive consideration of the current market environment, Sun Company and the cooperative company jointly initiated and invested in a joint venture company, which is conducive to the company's access to high-quality project resources in the strategic field of new energy industries. Promote the new energy industry chain to further extend to both ends, achieve mutual benefit and win-win, create a collaborative competitive advantage, and lay a more solid foundation for future development.