Jiangsu Cable announced that Jiangsu Ruihui Equity Investment Management Co., Ltd., a wholly-owned subsidiary of the company, plans to subscribe for shares in the Jiangsu Industrial M&A Fund as a limited partner. The subscription amount is not higher than 100 million yuan, and the total fund size is 7 billion yuan. The transaction was reviewed and approved by the 26th meeting of the sixth board of directors of the company, and there is no need to submit it to the shareholders' meeting for review. The fund is currently in the preparation stage. The partnership agreement has not been formally signed, the industrial and commercial registration registration has not been completed, and the filing procedures of the China Securities Investment Fund Industry Association still need to be completed.

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