Zhitong Finance App News, Jinchun Co., Ltd. (300877.SZ) issued an announcement. In order to fully improve the efficiency of capital use, optimize resource allocation, improve capital profitability, and make better use of the professional strength and risk control system of professional investment institutions, the company plans to jointly fund the establishment of Qingdao Dezhou Venture Capital Partnership (limited partnership) with professional investment institutions Shanghai Hongfu Private Equity Fund Management Co., Ltd. (hereinafter referred to as “Hongfu Private Placement”) and other limited partners. The size of the partnership was RMB 34.51 million, of which the company pledged an investment of RMB 7 million using its own funds. After the establishment of the partnership, Hongfu Private Equity was its general partner/executive partner, and Hongfu Private Equity acted as the fund manager.

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