Electrification & Mobility▲
Haoneng Shares to Invest 23.1 Million Yuan in Joint Venture, Taking 33% Stake
Haoneng Shares announced on October 9 that it plans to sign a joint venture contract with FAW Qixin Power Changchun Technology Co., Ltd. to jointly invest 70 million yuan in establishing a joint venture company. Haoneng Shares will subscribe 23.1 million yuan in cash, holding a 33% stake in the joint venture. The investment aims to deepen the company's layout in the new energy vehicle parts business and expand sales channels for automotive parts such as coaxial reducers. In the first half of 2026, Haoneng Shares achieved revenue of 1.495 billion yuan and net profit attributable to the parent company of 188 million yuan.
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Electrification & Mobility › E-motors, Inverters & Drivetrain Capital
603809.CG · Capital · Positive Haoneng Shares will invest 23.1 million yuan for a 33% stake in a new joint venture to expand its NEV parts business and sales channels.
FAW Qixin Power (Changchun) Technology Co., Ltd. · Capital · Neutral FAW Qixin Power is the joint-venture partner co-investing in the new company, but the article gives no details on its own stake or benefit.