* ST Dazhi announced that the company intends to jointly invest in the establishment of a power battery system integration factory with Zhigu Technology, and the name of the joint venture company is tentatively named "Hengyang Linpai". The company contributes RMB 150 million in kind, intellectual property and cash and holds 75% of Hengyang's equity. Zhigu Technology contributes RMB 50 million in cash and holds 25% of Hengyang's equity, including a registered capital of 50 million yuan and a capital accumulation fund of 150 million yuan.
The chairman of the company is Ye Shanjin. Mr. Ye Shanjin: born in 1982, Chinese nationality, no permanent residence abroad, master's degree, senior auditor, former Chief of Audit Section of Hengyang Audit Bureau, Chief Financial Officer of Hengshan Science City Investment and Development Co., Ltd., Director and Chief Financial Officer of Hengyang Hongxiang State-owned Investment (holding) Group Co., Ltd. He is currently a member of the party committee, director, executive deputy general manager and chairman of Hengyang Hongxiang State-owned Investment (holding) Group Co., Ltd.
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