Golden Power Group Forms Joint Venture with Wanxing Machine in China
Reuters
Nov 11
Golden Power Group Forms Joint Venture with Wanxing Machine in China
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.
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