Transanhua Zhilian announced that the company plans to invest 550 million yuan in the Hengdian Baihui Venture Capital Partnership as a limited partner, accounting for 33.33% of the total investment pledged by the fund. The target size of the fund is 1.65 billion yuan. It mainly invests in high-tech fields with high growth, and has a lifespan of 12 years, including an investment period of 8 years and an exit period of 4 years. This investment does not constitute a related transaction, and there is no need to submit it to the board of directors and shareholders' meeting for consideration.

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