Xihe New Energy (00182.HK) plans to invest 550 million yuan to establish a joint venture company.

APPXieHe New Energy (00182.HK) announced that after the trading session on December 3, 2025, XieHe Asset Management (a wholly-owned subsidiary of the company) and Yongzhou Jiapai (a wholly-owned subsidiary of the company) signed a partnership agreement with Jiangsu CMB, Taikang Life Insurance, and Taikang Pension Insurance to establish a partnership enterprise. The total capital contribution commitment of all partners is RMB 1.811 billion, of which the group's capital contribution commitment is RMB 550 million. The purpose of the partnership enterprise is to establish and operate the fund, to seek good investment returns for all partners through direct or indirect equity investments in the invested companies and/or providing shareholder loans to them.