# IMEFY and Yangdian form joint venture to build transformer plant in China

Spanish transformer manufacturer IMEFY and Chinese partner Yangdian Science & Technology signed a shareholder agreement to establish a joint venture in Taizhou, China. The JV aims to produce 10,000 oil-immersed transformers and 10,000 transformer cores annually within 5.5 years.

- Type: Partnership
- Announced: 2025-01-02
- Where: Taizhou, China
- Status: announced
- Capacity: 10,000 oil-immersed transformers and 10,000 transformer cores per year
- Products: oil-immersed transformers, transformer cores
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Industrias Mecanoelectricas Fontecha Yebenes](https://endata.com/companies/82096.md) (partner)
- [Yangdian Science & Technology](https://endata.com/companies/82097.md) (partner)

## Sources

- [yicaiglobal.com](https://www.yicaiglobal.com/news/spains-imefy-partners-with-yangdian-to-build-transformer-plant-in-china), 2025-01-03: "Yangdian has signed a shareholder agreement with IMEFY to establish the JV, the Taizhou-based company announced yesterday."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.