Zhitong Finance App News, Karen Co., Ltd. (300715.SZ) announced that the company plans to jointly fund the establishment of “Jiangsu Kailun Zero Carbon Technology Co., Ltd.” (tentative name) with Suzhou Haojing Yunxing Investment Management Partnership (limited partnership), Qian Maorong, and Suzhou Kaineng Investment Partnership (limited partnership). The registered capital of the joint venture is 50 million yuan, of which the company invested 25.5 million yuan, accounting for 51% of the registered capital. After the establishment of the joint venture, it is planned to purchase 100% of the shares of Suzhou Karen New Energy Technology Co., Ltd., a wholly-owned subsidiary of Karen Co., Ltd.

According to the announcement, the company's foreign investment and establishment of a joint venture is based on industrial layout considerations to enhance the company's core competitiveness and sustainable profitability through active exploration of models such as strategic cooperation and foreign investment.