CORUN(SH:600478) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2026-01-27 23:37Investment Overview - The company plans to invest RMB 249 million as a limited partner in the Tianjin Binhai New Energy Storage Development Equity Investment Fund, which has a target total scale of RMB 2 billion and an initial scale of RMB 500 million [1][31] - The fund will primarily invest in new energy storage scenarios and high-quality projects along the upstream and downstream of the industry chain [1][9] Partners and Management - The fund is initiated in collaboration with Tianjin Binhai New Area Emerging Industry Fund Management Co., Ltd. and other partners, including Tianjin Binhai New Energy Investment Management Co., Ltd. and Shenzhen Yuanke Huisheng Investment Co., Ltd. [2][5] - The management company, Tianjin Binhai New Area Emerging Industry Fund Management Co., Ltd., has a registered capital of RMB 10 million and is responsible for managing the fund [3][9] Financial Data - As of September 30, 2025, the management company reported total assets of RMB 11.66 million and a net asset of RMB 10.63 million [3] - The financial data for Tianjin Binhai New Energy Investment Management Co., Ltd. shows total assets of RMB 10.368 million and a net asset of RMB 4.72 million as of December 31, 2024 [7] Fund Structure and Operations - The fund will operate as a limited partnership and will not have restrictions on investment regions [9][10] - The investment decision-making body will consist of five members, ensuring a collaborative approach to investment decisions [29] Strategic Impact - The investment is expected to enhance the company's capabilities in the energy storage sector, providing financial support for future storage orders and facilitating the capital flow for storage assets [31] - The company aims to strengthen its core competitiveness and optimize its profit structure through this investment [31]