Tianchen Holdings (01201.HK) plans to invest 30 million RMB to establish a joint venture company in Shenzhen to develop new energy heavy-duty truck charging stations.

Wisdom Financial News App reported that Tianchen Holdings (01201.HK) announced that on July 28, 2025, the company signed a framework cooperation agreement with Shenzhen Shendian Power Supply New Energy Co., Ltd. According to the framework agreement, the company and the partner plan to establish a joint venture company, preliminarily named "Shenzhen Tianchen Shendian New Energy Co., Ltd.", with a registered capital of RMB 30 million, of which the company and the partner will respectively hold 66% and 34% of the equity.