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Yongjie Stock (002192.SZ) has revealed its intention to collaborate with its controlling shareholder, Yongjie Group, to co-invest RMB 100 million in the establishment of a jointly held subsidiary dedicated to new energy operations. Yongjie Stock will contribute RMB 51 million, thereby securing a 51% ownership stake in the new entity. The primary focus of this subsidiary will be on large-scale energy storage solutions, industrial and commercial energy storage systems, as well as charging and battery swapping services. This strategic move is aimed at expanding Yongjie Stock's industrial footprint and fostering diversified business growth. The proposed transaction has received the green light from a special meeting of the company's independent directors and has been endorsed by the second session of the ninth board of directors.
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