Shang Hai Zheng Quan Bao·2025-10-16 20:53Group 1 - The company plans to invest in the Kaifeng automotive parts construction project by acquiring a limited partnership share worth 1.4 billion yuan from Jinan Hongrui Investment Partnership [1][2] - The investment is structured to yield an annual return of 6% over a three-year period, with the funds specifically allocated for the project construction [1][4][5] - The project is located in the Kaifeng area of the China (Henan) Pilot Free Trade Zone and is expected to take approximately 9 months to complete [3] Group 2 - The investment will be made through the company's subsidiary, Shandong Provincial Highway and Bridge Construction Group, via Jinan Risheng Bian Dong Investment Partnership [2][4] - The transaction has been approved by the company's board of directors and does not require further shareholder approval [2][25] - The project aims to enhance the company's presence in the Henan market and is expected to generate positive economic benefits [25][29] Group 3 - The partnership agreement stipulates that the investment will be independently accounted for, with profits and risks associated solely with the Kaifeng project [23][26] - The agreement includes provisions for profit distribution and loss sharing among partners, ensuring limited liability for limited partners [18][19] - The company has established a management fee structure for the partnership, which will be based on the actual investment duration [23]