EnergyTrend learned that EVE Energy issued an announcement on July 3, disclosing that its board of directors had reviewed and approved relevant proposals for two of its subsidiaries to set up R&D branches in Huizhou.
According to the announcement, EVE Energy convened the 12th meeting of the 7th Board of Directors on July 3, 2026. The meeting approved the plan for two wholly-owned subsidiaries – Hubei EVE Power Co., Ltd. and Jingmen EVE Chuangneng Lithium Battery Co., Ltd. – to each establish an R&D branch in Huizhou, and authorized the management of the subsidiaries to complete formalities including industrial and commercial registration.
It is reported that both proposed branches will be registered at No.31 Hechang Seventh Road, Zhongkai High-tech Zone, Huizhou City, with business scopes covering relevant R&D activities within the parent companies’ licensed business ranges. Specific branch names are as follows:
The announcement elaborated on the rationale for establishing the R&D branches. Setting up R&D branches in Huizhou will facilitate the efficient recruitment of top researchers and technical specialists in South China, enabling resource sharing and complementary advantages. Additionally, the branches will be located close to frontline clients and market hubs, accelerating the commercialization and application of R&D achievements and driving continuous upgrades to the company’s products and services.
The announcement also stated that the establishment of the Huizhou R&D branches by the subsidiaries will exert a positive impact on the Group’s overall business development and align with EVE’s overall development strategy. The move will not generate material adverse impacts on the company’s finances and operations, nor will it harm the interests of the company and all shareholders.
Following approval by EVE Energy’s Board of Directors, formal industrial and commercial registration procedures will be completed in accordance with regulatory requirements. The Board will closely track the progress of this matter and fulfill information disclosure obligations in a timely manner as required by relevant rules.
Source：EnergyTrend