TENGDA CONST.(SH:600512) Sou Hu Cai Jing·2025-12-30 00:49Core Viewpoint - The company, through its wholly-owned subsidiary Ningbo Huihao Investment Co., Ltd., is investing RMB 60 million to establish a limited partnership fund, aiming to diversify its business and explore new investment opportunities in the electronic information and equipment manufacturing sectors [2][6][12]. Group 1: Transaction Overview - The company’s subsidiary will contribute RMB 60 million, representing 51.7242% of the total subscribed capital of the partnership fund [2][6]. - The partnership fund is tentatively named Jiaxing Aidi Venture Capital Partnership (Limited Partnership) [2][6]. Group 2: Board Approval - The transaction has been approved by the company's board of directors with a unanimous vote of 9 in favor [7]. - The transaction does not constitute a related party transaction or a major asset restructuring as per regulatory definitions [5][7]. Group 3: Partner Information - The fund manager, Jiangsu Runpu Private Fund Management Co., Ltd., has a professional investment management team and operates under a compliant framework [8]. - There are no existing relationships between the fund manager and the company or its subsidiaries [8]. Group 4: Investment Strategy - The partnership fund will focus on high-quality targets in the electronic information and equipment manufacturing sectors [12][18]. - An investment decision-making committee will be established to oversee investment strategies and project evaluations [19]. Group 5: Financial Management - The fund manager will charge a one-time management fee of 2% based on the total subscribed capital of the partnership [23]. - Income from investments will be distributed according to a predefined structure, ensuring returns are allocated fairly among partners [24]. Group 6: Impact on the Company - The investment is expected to support the company's growth and diversification efforts while maintaining manageable risk levels [27]. - The company will limit its liability to the amount of its subscribed capital, ensuring that the overall financial impact remains controlled [27].