• Zixin Group’s unit Hainan Zixin formed a joint venture with ZTO Nongte on July 22 to develop a sweet potato industrial park in Shandong.
• JV registered capital set at RMB 10 million; ZTO Nongte holds 51% with RMB 5.1 million, Hainan Zixin 49% with RMB 4.9 million.
• Vehicle will be an associated company; three-director board led by a ZTO Nongte-appointed chair, giving ZTO Nongte operational control.
• Focus on planting, processing, sales of sweet potato products, industrial park operations, import-export to expand the group’s PRC sweet potato value chain.
• Investment funded from internal resources; no material impact expected on FY2027 EPS or net tangible assets per share.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Zixin Group Holdings Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: C1AZPQO2Z4QI0OGR) on July 22, 2026, and is solely responsible for the information contained therein.