Zhongdali Tech (002896.SZ) plans to establish a joint venture company to carry out the business of plastic gearboxes and related products.

Zhongda Lide (002896.SZ) announced that the company plans to jointly invest in the establishment of Foshan Tianyuan Transmission Technology Co., Ltd. (tentatively named, hereinafter referred to as the "joint venture company") with related parties Cen Guojian, Li Qing, Liang Guangwei, and Beijing Qunyu Intelligent Manufacturing Technology Co., Ltd. The total investment of the joint venture company is 8 million RMB, with the company contributing 3.2 million RMB in its own currency funds, accounting for 40% of the total investment; Cen Guojian contributing 1.6 million RMB in its own currency funds, accounting for 20% of the total investment; Li Qing contributing 1.2 million RMB in its own currency funds, accounting for 15% of the total investment; Liang Guangwei contributing 1.2 million RMB in its own currency funds, accounting for 15% of the total investment; Beijing Qunyu Intelligent Manufacturing Technology Co., Ltd. contributing 800,000 RMB in its own currency funds, accounting for 10% of the total investment. The joint venture company will mainly engage in the research and development, production, and sales of plastic gearboxes and related products.