CALB Group (HKG:3931) signed a joint venture agreement with Handan Industrial Investment and Handan Urban Investment and Operation Group to establish a 4 billion yuan battery-focused company, according to a Wednesday filing with the Hong Kong Exchange.
Under the agreement, CALB will own 60% of the venture through a 2.4 billion yuan capital injection. The Handan partners will contribute 1.6 billion yuan for the remaining 40% stake.
The new venture, tentatively named CALB (Handan), will specialize in EV batteries, energy storage systems, and integrated energy solutions.
The joint venture will be treated as a subsidiary of CALB, and its financial results will be included in the company's consolidated statements.
The EV battery manufacturer said the move supports its strategic growth in the energy storage and mobility markets.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。