Yingliu Co., Ltd. (603308.SH) plans to establish a joint venture to engage in business related to fusion reactor materials and components
Zhitongcaijing · 01/29 11:25

Zhitong Finance App News, Yingliu Co., Ltd. (603308.SH) announced that on January 29, 2024, the company signed the “Sponsor Agreement on the Establishment of Anhui Juneng New Material Technology Co., Ltd.” with Hefei Comprehensive Science Center Energy Research Institute Co., Ltd. and natural persons Yao Damao, Qi Qiang, and Liu Songlin. It plans to jointly fund the establishment of a joint venture to engage in the development, production and sale of fusion reactor materials, components, and nuclear detection instruments. The registered capital of the joint venture is RMB 50 million, of which Yingliu Shares plans to invest 30 million yuan in currency and in kind, and is the largest shareholder of the joint venture.

The company said that the purpose of the company's foreign investment to establish Anhui Juneng New Material Technology Co., Ltd. is to quickly launch the transformation of high-heat load components manufacturing technology and shielding material technology achievements in nuclear fusion devices, cooperate with the country's major strategies in the field of energy equipment, and lay the foundation for the company's long-term development.