According to Zhitong Finance App News, Bairong Smart-W (06608) announced that on October 15, 2026 (after the trading period), the company's consolidated affiliate Digital Premium entered into a partnership agreement with CICC Capital and the Fund's two other limited partners to establish a fund. According to this, CICC Capital will act as general partners of the fund, while CICC Capital and two other limited partners will act as limited partners of the fund. The fund will focus on investing in industries related to the AI industry chain.
The Group's business is centered on AI, and the AI Intelligent Communications (AICC) business is the anchor. With the Group's proprietary vertical model, AICC's business provides intelligent marketing, intelligent operation and intelligent customer service to customers in various industries such as logistics, operators, securities and banking.
The Group continues to evaluate investment opportunities in the AI industry chain. The subscription is in line with the Group's AI strategic direction and is an investment arrangement carefully evaluated in accordance with the Group's established procedures, commercial judgments and long-term strategic investment plans.
Through the investment fund, the Group expects to use the professional investment knowledge and experience of CICC Capital (as fund manager) and the industry network of other limited partners in the AI field to expand its access to investment opportunities for AI startups in China. The Board believes that investment funds may create synergy between the Group's AI-centered business and the companies it invests in, and provide long-term return on investment. At the same time, the Group does not expect the pledged capital to have a significant impact on its working capital.