Zhitong Finance App News, Yunyi Electric (300304.SZ) announced that the company plans to jointly fund the establishment of Jiangsu Yineng Energy Technology Co., Ltd. (tentative name) with Xuzhou Yunchuang Zhilian Power Technology Partnership (limited partnership) to focus on R&D, production and sales of solid oxide fuel cell products. The registered capital of the joint venture is 20 million yuan, of which the company has pledged a registered capital of 4.05 million yuan with its own funds, accounting for 20.25% of the registered capital of the joint venture. The investment relies on the company's mature electrochemical gas sensor high temperature co-fired ceramic process and precision ceramic manufacturing capabilities to forwardly lay out the solid oxide fuel cell field and achieve a cross-scene industrialization extension of high-temperature co-fired ceramic manufacturing technology.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.