Guangdong Shunkong Development (003039) 证券时报网·2025-01-15 17:46Transaction Overview - Guangdong Shunkong Development Co Ltd (Shunkong Development) approved a joint investment with professional investment institutions, investing a total of RMB 50 million in Shunxin Partnership and New Quality Fund [2] - Shunxin Partnership and New Quality Fund are structured to leverage professional investment resources and establish a risk isolation mechanism [2] - The investment involves Shunkong Development, Shunxin Partnership, and New Quality Fund, with Shunkong Development contributing RMB 20 million and RMB 30 million respectively [2] Investment Structure and Partners - Shunxin Partnership is registered with a total subscribed capital of RMB 46 million, with Shunkong Group and Shungao Investment holding 97.8261% and 2.1739% respectively [5] - New Quality Fund is registered with a total subscribed capital of RMB 5 million, with Shunkong Group and Shunkong Fund holding 80% and 20% respectively [16] - Shungao Investment and Shunkong Fund are both registered as private equity and venture capital fund managers [4] Financial Data of Key Partners - Shungao Investment reported revenue of RMB 2.0434 million and net profit of RMB 107,900 for the first nine months of 2024 [8] - Shunkong Group reported revenue of RMB 184.9709 million and net profit of RMB 186.4954 million for the first nine months of 2024 [11] - Shunkong City Investment reported revenue of RMB 271.7059 million and a net loss of RMB 177.2209 million for the first nine months of 2024 [15] Fund Objectives and Management - Shunxin Partnership aims to invest in New Quality Fund, with a 7-year duration including a 4-year investment period and a 3-year exit period [27][28] - New Quality Fund aims to invest in industries such as new-generation information technology, new energy, and advanced manufacturing, with a 7-year duration including a 4-year investment period and a 3-year exit period [38][39] - Both funds have established investment decision committees and risk management mechanisms [30][41] Investment Impact and Purpose - The investment aims to leverage professional resources for strategic layout and discover high-quality investment opportunities while establishing a risk isolation mechanism [47] - The investment will not significantly impact Shunkong Development's financial performance and does not involve conflicts of interest or related transactions [48] Historical Transactions with Related Parties - From January to September 2024, Shunkong Development and its subsidiaries conducted transactions totaling RMB 1.2446 million with Shunkong Group and its controlled entities [49] - Transactions with Shunkong City Investment and its controlled entities amounted to RMB 52,100 during the same period [49]