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新焦点(00360.HK)全资附属与博通及上海重塑订立合资协议

A wholly-owned subsidiary of New Focus (00360.HK) entered into a joint venture agreement with Broadcom and Shanghai Reshaping

Gelonghui Finance ·  May 20 05:10

Gelonghui, May 20, 丨 New Focus (00360.HK) announced that in connection with the establishment of a non-wholly-owned subsidiary, Newfox (Beijing), an indirect wholly-owned subsidiary of the company, entered into a joint venture agreement (“Joint Venture Agreement”) with Broadcom and Shanghai Reshaping on May 20, 2024 to record the relevant provisions relating to the establishment of Jinyi. The main terms of the joint venture agreement have been published in the “Establishing Jinyi” section of the company's announcement dated September 25, 2023. The joint venture agreement further stipulates that Shanghai Reshaping will be responsible for providing hydrogen energy technology support and new product development support to Jinyi. Jinyi will prioritize the procurement of relevant hydrogen energy accessories, hydrogen energy products and hydrogen energy solutions provided by Shanghai Reshaping and other entities designated by Shanghai Reshaping under the same trading conditions and fair prices provided by any independent third party, and on the premise that Shanghai Remodeling ensures the independence of the seller.

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