According to Zhitong Finance App News, Jiangsu Huachen (603097.SH) issued an announcement. In order to optimize the investment structure and enhance investment returns, the company recently signed “Partnership Agreements” and other partners such as Beijing Xinding Rongsheng Capital Management Co., Ltd. (“Xinding Rongsheng”) and other partners related to this investment in order to optimize the investment structure and enhance investment returns. It is intended to participate as a limited partner in the subscription of Qingdao Jinghong Equity Investment Partnership (Limited Partnership) with 10 million yuan of its own capital, accounting for 9.2584% of the total amount of capital pledged in the bid fund after this investment.

The partnership mainly invests in: (1) investing in the shares of Wuhan Xinxin Integrated Circuit Co., Ltd. and Wuhan Xinrongguang Technology Co., Ltd. through the Qingdao Xinding Kangdao Equity Investment Partnership (limited partnership); (2) In order to maximize the interests of the partners, the partnership can use cash retained for reasons such as investment bank current deposits and money market funds approved by the China Securities Regulatory Commission.

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