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Ai Kelan announced that the company signed a partnership agreement with Yishan Foundation, Shanghai Servu Technology Co., Ltd., Cao Xiangyang, and Ye Can to establish the Jiaxing Yishan Tongxin Venture Capital Partnership. The total size of the fund is 63.6 million yuan, and the company, as a limited partner, has pledged 50 million yuan with its own funds, accounting for 78.6164%. The fund mainly invests in enterprises in the field of innovative technology, and has a lifespan of 8 years, including an investment period of 5 years and an exit period of 3 years. The company has no significant influence or control over the partnership and is not included in the scope of the consolidated statement. This investment does not constitute a related transaction or major asset restructuring, and there is no need to submit it to the shareholders' meeting for consideration. The fund still needs to apply for commercial registration and private equity fund filing. There is a risk that the establishment, filing, and investment progress will fall short of expectations.
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Ai Kelan announced that the company signed a partnership agreement with Yishan Foundation, Shanghai Servu Technology Co., Ltd., Cao Xiangyang, and Ye Can to establish the Jiaxing Yishan Tongxin Venture Capital Partnership. The total size of the fund is 63.6 million yuan, and the company, as a limited partner, has pledged 50 million yuan with its own funds, accounting for 78.6164%. The fund mainly invests in enterprises in the field of innovative technology, and has a lifespan of 8 years, including an investment period of 5 years and an exit period of 3 years. The company has no significant influence or control over the partnership and is not included in the scope of the consolidated statement. This investment does not constitute a related transaction or major asset restructuring, and there is no need to submit it to the shareholders' meeting for consideration. The fund still needs to apply for commercial registration and private equity fund filing. There is a risk that the establishment, filing, and investment progress will fall short of expectations.
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