ChiStar (06918.HK) and Xiangxin Investment plan to establish a joint venture company to develop a 1GWh energy storage and 200,000-ton molten salt production line.

The Zhimedia Finance and Economics APP reported that Qishida (06918.HK) announced on July 22, 2025 that the company had signed a non-legally binding letter of intent with Xiangxin (Shenzhen) Investment Limited (Xiangxin Industrial Investment) to establish a joint venture company.