Core Viewpoint - The company, Koli'er, announced the termination of a strategic cooperation agreement with Shenzhen Ruiye Shujin Private Equity Fund Management Co., Ltd. due to changes in the conditions for establishing a partnership fund and various market factors affecting both parties [1][2][3] Group 1: Agreement Details - Koli'er’s subsidiary, Shenzhen Pengrui Investment Development Co., Ltd., had signed a strategic cooperation agreement with Ruiye Shujin on December 25, 2023, to establish a private equity fund platform focused on the motor-related industry [1][2] - The agreement aimed to leverage both parties' resources to invest in the motor and drive control systems industry and its supply chain, enhancing the company's technological transformation and investment quality [1][2] Group 2: Termination Reasons - The termination was a mutual decision based on objective reasons that led to changes in the conditions for establishing the partnership fund, as well as market environment changes and adjustments in the actual situation of both parties [2][3] - The agreement was described as an intention agreement, indicating that no formal binding contracts or actual investments had been made prior to the termination [2][3] Group 3: Company Operations - Koli'er focuses on the development, production, and sales of motors and intelligent drive control technologies, with applications in various fields such as smart homes, medical devices, and new energy vehicles [2] - The company previously disclosed a fundraising plan to raise up to 1.006 billion yuan for its smart manufacturing industrial park project and to supplement working capital [2]
科力尔全资孙公司终止与瑞业数金战略合作协议