September 15, 2025 – Guangdong RedWall New Materials Co., Ltd. (Stock Code: 002809) has partnered with local state-owned enterprise Linzhi Nongken Gama Agricultural Co., Ltd. to establish a joint venture, Tibet RedWall New Materials Co., Ltd. (currently undergoing industrial and commercial registration). This move fully demonstrates RedWall’s strong commitment and strategic confidence in supporting China’s major hydropower initiatives. Going forward, RedWall will leverage Tibet RedWall as a strategic base to deeply participate in the construction of the Yarlung Zangbo Lower Reach Hydropower Project, supporting the national energy strategy.
This collaboration marks a significant strategic move for RedWall into the western market and is expected to unlock new regional growth opportunities through key projects such as the Yarlung Zangbo Hydropower Station.
