According to the Nanhua Futures announcement, Zhejiang Nanhua Capital Management Co., Ltd., a wholly-owned subsidiary of the company, as a limited partner, plans to use no more than 55 million yuan of its own capital to participate in the subscription of Hengdian Baihui Venture Capital Partnership Fund shares under Hengdian Capital Venture Capital Co., Ltd., and the subscription ratio shall not exceed 3.33% of the total capital pledged by the partnership. This transaction constitutes a related transaction. The relevant directors have avoided voting, and the board of directors of the company authorized the management to handle related specific matters.

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