AnHui Jinchun Nonwoven (SZ:300877) Zheng Quan Zhi Xing·2025-08-19 16:22Overview - Anhui Jinchun Nonwoven Fabric Co., Ltd. plans to establish a partnership with Shanghai Hongfu Asset Management Co., Ltd. and other limited partners to create a venture capital partnership named Shengzhou Hede Venture Capital Partnership with a total scale of RMB 536.8 million, where the company will contribute RMB 10 million [1][10]. Investment Details - The partnership will focus on utilizing professional investment capabilities and risk control systems to optimize resource allocation and enhance capital profitability [1][18]. - The partnership will be structured as a limited partnership, with a five-year operational period, extendable by two years if agreed upon by the managing partner [10][11]. - The partnership's investment will be specifically directed towards Yafei (Shanghai) Biomedical Technology Co., Ltd., with no other investments allowed unless unanimously agreed by all partners [11][12]. Financial Structure - The management fee during the investment period will be 2% of the paid-in capital per year, with a reduced fee of 1% during the exit period [13][14]. - Performance compensation will be distributed after returning the paid-in capital and a 6% annual return to the partners [14][15]. Partner Information - Shanghai Hongfu Asset Management Co., Ltd. is the general partner and has been registered with the Asset Management Association of China [2][3]. - Other limited partners include various investment firms, all of which have no direct or indirect shareholding in the company [3][4][5]. Regulatory Compliance - The investment does not require approval from the board or shareholders and does not constitute a related party transaction or a major asset restructuring [2][18]. - The partnership is still in the preparatory phase and has not yet completed registration with the Asset Management Association of China [18].