Yuanfei Pet announced that the company, as a limited partner, pledged an investment amount of 23.49 million yuan to the Xinyuan Xinghe Venture Capital Fund partnership with its own funds, with a pledged investment ratio of 86.9678%. The size of the fund is RMB 2.71 million, and Xinyuan Zhenghe Private Equity Fund Management Co., Ltd. acts as the general partner and executive partner. This investment does not involve related transactions, nor does it constitute a major asset restructuring as stipulated in the “Administrative Measures on Major Asset Reorganization of Listed Companies”, and there is no need to submit it to the board of directors or shareholders' meetings for consideration.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.