---
title: "Jinlihua Electronics Company plans to invest in a joint venture company Beijing Twelve Happiness with related parties"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/242537922.md"
description: "Jinlihua Electric announced that its holding subsidiary, Central China Times, plans to jointly invest in the joint venture company Beijing Twelve Joy with related party Wang Keran, with a total capital increase of 21 million yuan. Central China Times will increase its capital by 10 million yuan, while Wang Keran will increase his capital by 11 million yuan, raising the registered capital of the joint venture company to 22 million yuan. Beijing Twelve Joy will focus on the content production of high-quality variety shows, aiming to integrate industry resources, enhance competitiveness, and promote the future development of Central China Times"
datetime: "2025-05-30T08:35:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/242537922.md)
  - [en](https://longbridge.com/en/news/242537922.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/242537922.md)
---

# Jinlihua Electronics Company plans to invest in a joint venture company Beijing Twelve Happiness with related parties

According to the announcement from Jinlihua Electric (300069.SZ), the company, based on the business development and transformation needs of its holding subsidiary Beijing Yanghua Times Cultural Development Co., Ltd. (“Yanghua Times”), plans for Yanghua Times to invest in a joint venture company, Beijing Shierhuan Cultural Development Co., Ltd. (hereinafter referred to as “Beijing Shierhuan”), with related party Mr. Wang Keran. The total capital increase from all parties amounts to 21 million yuan, subscribing to a registered capital of 21 million yuan for Beijing Shierhuan. Among them, Yanghua Times plans to increase its capital by 10 million yuan, subscribing to a registered capital of 10 million yuan for Beijing Shierhuan; Mr. Wang Keran plans to increase his capital by 11 million yuan, subscribing to a registered capital of 11 million yuan for Beijing Shierhuan.

After the completion of this capital increase, the registered capital of Beijing Shierhuan will be 22 million yuan, with Yanghua Times and Mr. Wang Keran holding shares of 45.45% and 54.55%, respectively.

Beijing Shierhuan will focus on the content production of high-quality variety shows. Through this strategic investment, it aims to integrate high-quality resources in the industry, deeply bind top creative teams, and build an innovative ecosystem for cultural and tourism integration. The investing parties will fully leverage their platform, channel, and creative advantages, establish a risk-sharing mechanism, and achieve collaborative development in areas such as content innovation, IP incubation, and commercial monetization. This move will enhance the company's overall competitive capability and have a positive impact on the future development of its subsidiary Yanghua Times

### Related Stocks

- [300069.CN](https://longbridge.com/en/quote/300069.CN.md)

## Related News & Research

- [China’s Jinlihua Electric Soars by Limit After Unveiling Plan to Foray Into Commercial Aerospace Field](https://longbridge.com/en/news/287036981.md)
- [GRAPHIC-Under pressure: Tracking the pain in G7 government debt](https://longbridge.com/en/news/286769701.md)
- [2 TSA experiments show a new direction after chaos during the government shutdowns](https://longbridge.com/en/news/286970006.md)
- [CAG calls for closer ties with CCI to protect markets and public funds](https://longbridge.com/en/news/287059992.md)
- [US Senator Durbin urges RFK. Jr to resist easing vape rules](https://longbridge.com/en/news/287079463.md)