According to the announcement, Lai Mi Technology, a wholly-owned subsidiary of the company, subscribed for Gongqingcheng Hemao Venture Capital Partnership shares with 50 million yuan of its own capital and holds 41.9815% of its partnership share. At present, all of the investment has been paid, and the fund has completed the registration of industrial and commercial changes and obtained a business license, and is not included in the scope of the company's consolidated statements. Up to now, the company and its subsidiaries have pledged a total of 248 million yuan in private equity fund shares.

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.