The Zhitong Finance App learned that on April 4, 2022, Jinshan Energy (00663) announced that on April 4, 2022, Zhuhai Jinwei Environmental Technology Co., Ltd., a wholly-owned subsidiary of the company, signed a joint venture agreement with Yipai Hydrogen Technology (Shanghai) Co., Ltd. The contracting parties agreed to establish a joint venture company to engage (including) research and development of hydrogen fuel cells and key components in Ordos, Inner Mongolia, China; R&D, production and sales of hydrogen fuel cell heavy trucks; operation of hydrogen fuel cell heavy trucks; operation of hydrogen fuel cell heavy trucks; and operation of hydrogen fuel-cell heavy trucks; operation of hydrogen fuel cell heavy trucks; and operation of hydrogen fuel-cell heavy trucks; operation of hydrogen fuel cell heavy trucks; and operation of hydrogen fuel-cell heavy trucks; operation of hydrogen fuel cell heavy trucks; and operation of hydrogen fuel-cell heavy trucks; and operation of hydrogen fuel-cell heavy trucks; operation of hydrogen fuel cell heavy trucks; and operation of hydrogen fuel cell As of 13:40, it had increased by 5.88%, the price was HK$0.27, and the turnover was 446,600.

Zhuhai Jinwei and Yipai Hydrogen Energy will each invest 50 million yuan in the joint venture, each holding 50% of the joint venture's shares. After the establishment of the joint venture, the joint venture will have 50% and 50% of the interests of Zhuhai Jinwei and Yipai Hydrogen Energy respectively.

According to reports, Yipai Hydrogen Energy is mainly engaged in providing technical services, technology development, technical consultation, technology exchange, technology transfer and technology promotion in the field of hydrogen energy technology. On December 15, 2021, Enerstar signed an agreement with the People's Government of Dongsheng District, Ordos, Inner Mongolia, China, and the Ordos Equipment Manufacturing Industrial Park on the “Hydrogen Energy Science and Innovation Industry Chain Ordos Project”.