Lianmei Holdings announced that Lhasa Lianhong Technology Development Co., Ltd., a wholly-owned subsidiary of the company, plans to invest an additional 100 million yuan in the Zhongcheng Lianhong Private Equity Investment Fund with an additional subscription amount of 100 million yuan. After this addition, the company invested a total of 204 million yuan in the fund. The fund is managed by Zhongcheng New Urbanization Fund Management Co., Ltd., which has previously carried out related equity investment business by investing in Lhasa Zhongcheng Meichuang Technology Co., Ltd. The current investment cycle is long and liquidity is low. There are risks such as investment benefits falling short of expectations and fund losses.

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