According to the Ningde Times announcement, Ningbo Winner, a wholly-owned subsidiary of the company, and Xiamen Ruiting participated in the investment of the Xiamen Times Yiyuan Venture Capital Fund partnership as limited partners. Ningbo Winner pledged an investment of 1120 billion yuan and held a pledge ratio of 19.4175% of the fund. Recently, the fund has completed the registration procedure for private equity funds of the China Securities Investment Fund Industry Association. The filing date is October 13, 2026. The fund manager is Xiamen Puquan Private Equity Fund Management Partnership, and the custodian is China Merchants Bank Co., Ltd.

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.