Western Construction (002302.SZ) intends to establish a joint venture company to carry out concrete-related businesses in the field of new energy, including high-performance materials.

Wisdom Finance and Economics APP News, Western Construction (002302.SZ) announced that its wholly-owned subsidiary, China Construction West Construction Building Materials Research Institute Co., Ltd. (referred to as "Research Institute"), intends to sign an agreement with Lianjing (Beijing) Holdings Group Co., Ltd. to jointly invest in the establishment of China Construction Lianjing New Energy Technology Co., Ltd. (temporary name, referred to as " Joint venture company"), to carry out concrete-related business in the field of high-performance materials, wind power tower barrels and other new energy areas.