Prosperity Group International Forms Joint Venture for High-End Perovskite Equipment in China
Reuters
Dec 05, 2025
Prosperity Group International Forms Joint Venture for High-End Perovskite Equipment in China
Prosperity Group International Ltd. has announced the formation of a joint venture focused on the high-end perovskite equipment sector in China. Through the newly established JV Group and its subsidiary XinRuiTeng, the partnership will concentrate on the research, development, manufacturing, and sales of advanced perovskite thin-film deposition equipment, with a particular emphasis on high-precision coating equipment essential for producing flexible and lightweight perovskite batteries. Huge Act will be responsible for the daily management and operational decisions of the JV Group, while Earn Best International will provide a larger capital contribution but will not participate in management or operations.
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