Beijing Dynamic Power Announcement: Anhui Dynamic Power, a wholly-owned subsidiary of the company, plans to jointly invest in setting up Anhui Dynamic Power Precision Manufacturing Co., Ltd. with Xiong'an Dynamic Power, with a registered capital of 50 million yuan. Among them, Anhui Dynamic Power will contribute 45 million yuan in fixed assets, machinery and equipment, etc. in the sheet metal structure workshop as of the valuation date. Its equity ratio is 90%, while Xiong'an Dynamic Power will contribute 5 million yuan in cash, with a subscribed equity ratio of 10%.
动力源：子公司拟设立合资公司
Beijing Dynamic Power: Subsidiary plans to establish a joint venture company.
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