Core Viewpoint - The company, 时计宝 (02033), has entered into a subscription agreement with KKR Associates Asia Tactical Credit GP SCSp to invest a total of $10 million in KKR Fund II, aiming to enhance capital returns and explore investment opportunities in the Asia-Pacific region [1] Investment Strategy - KKR Fund II focuses on building a diversified investment portfolio, targeting high-conviction, core, and event-driven sectors and companies [1] - The fund primarily invests in various types of credit, including but not limited to high-yield bonds, term loans, self-originated loans, and structured products [1] - KKR Fund II employs a strict capital allocation strategy that emphasizes cross-regional and cross-industry investments to provide attractive risk-adjusted returns [1] Company Background - The company primarily engages in watch manufacturing, retail, and e-commerce in China [1] - The subscription agreement is seen as a prudent way for the company to allocate its idle funds effectively, thereby improving overall capital returns [1] - Participation in a professionally managed fund structure is expected to reduce direct investment risks while providing access to investment opportunities in the Asia-Pacific market [1]
时计宝认购1000万美元KKR基金II的有限合伙权益