GENESIS SCALE (00439) plans to establish a joint venture company specializing in the forefront business of new energy batteries.

GENESIS SCALE(00439) released an announcement on May 20, 2026. Shenzhen Kerong (a fully-owned subsidiary of the company), Central South University, Central South Assets, and Changsha LiBao signed a capital contribution agreement. According to this agreement, the parties will jointly establish a joint venture company through capital contribution. The initial registered capital of the joint venture company is RMB 45 million, with Shenzhen Kerong contributing RMB 30 million in cash, accounting for approximately 66.67% of the registered capital of the joint venture company. Central South Assets and Changsha LiBao will contribute RMB 4.5 million and RMB 10.5 million in patents respectively, accounting for approximately 10.00% and 23.33% of the registered capital of the joint venture company. The patent contributions will involve transferring the patent rights held by Central South University to the joint venture company. The patents are valued at RMB 15 million, and according to the regulations of Central South University's "Management Measures for the Transformation of Scientific and Technological Achievements in Universities", 70% of the contribution will be rewarded to the research team related to the invention technology, held by Changsha LiBao, and 30% will be held by Central South Assets on behalf of the school. Based on its proprietary artificial intelligence algorithm and big data platform, the company aims to systematically break through the core bottlenecks in the industrial chain in terms of energy efficiency, product durability, and environmental adaptability through the deep empowerment and integration of artificial intelligence technology with material engineering. This will enable the company to deliver high value-added and sustainable solutions to customers, and build a core engine for sustainable growth for the group. Building on this strategic layout, the company continues to deepen its collaborative innovation system with top global academic institutions, research units, and leading partners in the industrial chain to achieve breakthrough progress in the vertical application field of lithium-ion batteries. They have reached a deep strategic partnership with Professor Chen Libao's team at Central South University to jointly establish a joint venture company specializing in cutting-edge new energy battery business. Traditional lithium-ion battery cells are limited by material properties, making it difficult to cover complex applications in regions such as high plateaus, deserts, and islands. They often encounter performance degradation issues such as capacity drop and charging failure in low-temperature environments. This requires additional battery thermal management systems for low-temperature preheating and temperature control, leading to a significant rise in system costs. These pain points have long hindered the upgrading of industry technology and scenario expansion. However, Professor Chen Libao's team at Central South University has successfully overcome these challenges in the field of wide-temperature-range lithium-ion batteries with their advanced technology, breaking through core technological barriers and providing excellent solutions for industry problems. The establishment of the joint venture company will provide a foundation for the deep integration of the group's artificial intelligence technology with wide-temperature-range battery technology, accelerating the transformation of cutting-edge achievements from the laboratory to the industrial end. The company plans to launch a series of wide-temperature battery products that focus on extreme cold, extreme heat, and wide-temperature applications, achieving battery performance adaptability in all weather conditions through material system reconstruction. These batteries can directly replace traditional batteries in normal environments, extend their service life, optimize their overall life cycle costs, and ensure stable operation under extreme conditions through multiple safety designs. In the future, both parties will deepen technological iteration and scenario verification through the joint venture platform, accelerating the deep application and market penetration of wide-temperature batteries in multiple fields, injecting new momentum into the high-quality development of the new energy industry.