Dongfang Electric Heating announced on October 8 that it has signed a partnership agreement for Tianjin Lisi Xingchen Equity Investment Partnership, a limited partnership, with a professional investment institution. The company will invest 50 million yuan of its own funds in the fund, whose main investment direction is equity in unlisted companies in the new quality productive forces sector. In the first half of 2026, Dongfang Electric Heating achieved revenue of 1.338 billion yuan and net profit attributable to the parent of 41.07 million yuan.
Zhenjiang Dongfang Electric HeatDongfang Electric Heating invests 50 million yuan of its own funds into a new-quality productive forces equity fund, a financial investment with unclear near-term payoff.
