NJEC(SH:600699) Shang Hai Zheng Quan Bao·2025-06-09 20:46Overview of the Investment Fund - Ningbo Joyson Electronic Corp. has approved an investment of RMB 300 million by its wholly-owned subsidiary, Ningbo Joyson Automotive Technology Co., Ltd., to participate in the establishment of the Service Trade Innovation Development Guidance Fund Phase II, accounting for 3% of the total capital contribution of the fund [1][15]. Partnership Agreement - The partnership aims to enhance the development of innovative service trade mechanisms and digital trade, leveraging fiscal funds to attract social capital for supporting service trade innovation and promoting new business models in foreign trade [3]. - The partnership has a maximum duration of 15 years, starting from the date of registration [4]. Contribution and Management - All partners will contribute in cash, with contributions made in installments as per the fund's investment needs [5]. - The fund will be managed by the general partner, China Merchants Capital Management (Beijing) Co., Ltd., which will execute partnership affairs [7]. Investment Objectives and Strategies - The fund's investment targets include increasing capital or establishing investments in private equity funds related to service trade and digital trade, as well as directly investing in relevant enterprises [9]. - Investments will be made through equity or equity-related debt instruments [10]. Financial Management - The distribution of profits and losses will be proportional to the actual contributions made by each partner, with a structured order for profit distribution [11][12].