江苏恒尚节能科技股份有限公司关于全资子公司参与出资设立投资基金暨关联交易的进展公告

Group 1 - The company, Jiangsu Hengshang Energy Saving Technology Co., Ltd., is participating in the establishment of an investment fund through its wholly-owned subsidiary, Wuxi Hengshang Investment Management Co., Ltd., as a limited partner [2][3] - The investment is in collaboration with a related party, Jiangsu Liba Industrial Co., Ltd., which is controlled by a significant shareholder of the company, thus constituting a related party transaction [2][3] - The total subscribed capital of the fund remains unchanged at 3.44 billion yuan, despite the reduction in the company's subscribed capital from 50 million yuan to 15 million yuan [3] Group 2 - The company aims to focus on its core business and improve the efficiency of its own capital utilization by reducing its subscribed capital [5] - The reduction in subscribed capital will not adversely affect the company's normal operations or financial status, nor will it harm the interests of shareholders, especially minority shareholders [5][8] - The independent directors and the board of directors have approved the reduction in subscribed capital, affirming that it aligns with the company's long-term development strategy [6][7][8]