Arte (300825.SZ) plans to establish Fanchang Arte joint venture to promote the research and development and mass production of electromagnetic clutches.

China Fortune Financial News APP News, Art (300825.SZ) announced that the company (Party B) signed a "Joint Venture Agreement" with Wuhu Hua'an Zhanxin Equity Investment Fund Partnership Enterprise (Limited Partnership) (referred to as Wuhu Hua'an Zhanxin, Party A) on October 31, 2025. The two parties agreed to jointly invest in establishing a joint venture company in Fanchang District, Wuhu City, Anhui Province, named Art New Energy Powertrain (Fanchang) Co., Ltd. (tentative name, referred to as Fanchang Art or Joint Venture Company) and carry out operations.