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Giant Network announced that Shanghai Giant Network Technology Co., Ltd., a wholly-owned subsidiary of the company, recently signed a partnership agreement to pledge Hushan Yiwei's share of the equity investment partnership with 35 million yuan of its own capital as a limited partner, with a pledge ratio of 11.6667%. The target size of the fund is 300 million yuan, with an upper limit of 400 million yuan. The investment direction is in the field of emerging technology. The investment period is 2 years and the withdrawal period is 4 years. The withdrawal period can be extended according to regulations. As of the disclosure date of the announcement, the partnership was still being raised, and this investment did not constitute a related transaction or major asset restructuring.
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Giant Network announced that Shanghai Giant Network Technology Co., Ltd., a wholly-owned subsidiary of the company, recently signed a partnership agreement to pledge Hushan Yiwei's share of the equity investment partnership with 35 million yuan of its own capital as a limited partner, with a pledge ratio of 11.6667%. The target size of the fund is 300 million yuan, with an upper limit of 400 million yuan. The investment direction is in the field of emerging technology. The investment period is 2 years and the withdrawal period is 4 years. The withdrawal period can be extended according to regulations. As of the disclosure date of the announcement, the partnership was still being raised, and this investment did not constitute a related transaction or major asset restructuring.
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