Dafeng Industrial announced that the Ningbo Yao Shangyan Chuangqisuo Venture Capital Fund, in which Dafeng Private Equity, a wholly-owned subsidiary of the company, participated, and the total size of the fund increased to 582 million yuan. The amount of capital pledged by Dafeng Private Equity is still 50 million yuan, and the investment ratio was diluted from 13.0208% to 8.5911%. This expansion will not have a significant impact on the company's financial position and operating results. Up to now, the company has cooperated with private equity funds to invest a total of 60 million yuan.

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