Golden Power Group Holdings Ltd. has announced the formation of a joint venture company with Yunan Wanxing Machine Co., Ltd. and Huang Binggang. The new entity, Yunan Golden King Battery Technology Company Limited, will be established under the laws of the People's Republic of China. The joint venture agreement was signed on November 11, 2025. This transaction is classified as a discloseable transaction under the Hong Kong Stock Exchange Listing Rules, requiring announcement and reporting, but is exempt from circular and shareholders' approval requirements.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Golden Power Group Holdings Ltd. published the original content used to generate this news brief on November 11, 2025, and is solely responsible for the information contained therein.