DFD(SZ:002407) Shang Hai Zheng Quan Bao·2025-11-24 18:35Investment Overview - The company plans to acquire a partnership interest in the Henan Aerospace Industry Fund for a nominal price of 0 RMB, representing a subscribed capital of 60 million RMB, with no actual capital contribution made [2][5] - This transaction does not constitute a related party transaction or a major asset restructuring as defined by relevant regulations, and does not require approval from regulatory authorities [2][5] Fund Details - The Henan Aerospace Industry Fund was established on September 6, 2025, with a total subscribed capital of 2 billion RMB, and has already received 281 million RMB in actual contributions [3][5] - The fund is managed by Shenzhen Guoyu Gao Hua Investment Management Co., Ltd., which is not related to the company or its major shareholders [3][9] Transaction Parties - The transferor of the partnership interest is Jiaozuo Tongcai Innovation and Entrepreneurship Investment Fund, which has a subscribed capital of 1 billion RMB and is also not related to the company [6][7] - The company will be one of the three parties acquiring interests in the fund, alongside Longbai Group Co., Ltd. and Zhongyuan Neipei Group Co., Ltd. [33] Partnership Agreement - The partnership agreement aims to create satisfactory investment returns through equity investments in target companies [43] - The fund's total subscribed capital is set at 2 billion RMB, with a management fee of 1% per year based on the total actual contributions [45][47] Investment Strategy - The fund will primarily focus on equity investments in unlisted companies, particularly in the aerospace industry, and will not act as the sole major shareholder in any investment [49] - The investment decision-making will be managed by an investment decision committee composed of representatives from the fund's partners [50] Financial Implications - The investment is expected to enhance the company's competitive strength without imposing financial pressure on its existing operations [56] - The company will account for its partnership interest using the equity method, as it will not have control over the fund [58]