Heertai announced that Shenzhen Heltai Qianhai Investment Co., Ltd., a wholly-owned subsidiary of the company, recently signed partnership agreements with China Finance Capital Management Co., Ltd. and other entities to jointly invest in the Jiangsu Xingguan No. 2 Hongtu Zhiyuan Equity Investment Fund partnership. The total amount of capital pledged to the fund is 54.8 million yuan, and Qianhai Investment has pledged 15 million yuan as a limited partner, accounting for 27.3723%. The funding source is its own capital. The fund mainly invests in the equity of enterprises in the high-tech sector and has a lifespan of 5 years, including an investment period of 3 years and an exit period of 2 years. This investment does not constitute a related transaction or major asset restructuring. There is no need to submit it to the board of directors and shareholders' meetings for review, and the company does not combine the fund.

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.