Xiehe Electronic(SH:605258) Shang Hai Zheng Quan Bao·2026-02-02 19:15Core Viewpoint - Jiangsu Xiehe Electronics Co., Ltd. is collaborating with private equity funds to establish a venture capital fund, aiming to enhance its understanding of high-tech industries and expand its industrial resources while ensuring stable development of its main business [2][37]. Group 1: Investment Details - The company is participating as a limited partner with its own funds of 5 million RMB, accounting for approximately 7.30% of the total subscribed capital of the partnership, which amounts to 68.5 million RMB [2][5]. - The transaction has been approved by the company's general manager's office and does not require further approval from the board of directors or shareholders [3][5]. Group 2: Partnership Structure - The partnership agreement involves several other partners, including Changzhou Lizhong Investment Management Co., Ltd. and others, to jointly invest in the establishment of the venture capital fund [5][6]. - The fund's purpose is to achieve stable asset appreciation while controlling investment risks, focusing on venture capital investments in unlisted companies [8]. Group 3: Fund Management and Operations - The fund will have a duration of five years, with a three-year investment period and a two-year exit period, and can be extended under certain conditions [8]. - The fund's investment strategy will primarily target high-tech sectors, including smart detection services, high-end equipment, robotics, and artificial intelligence, mainly in the Yangtze River Delta region [30]. Group 4: Financial Impact - The investment is made using the company's own funds, ensuring that it does not affect the company's operational capital needs or normal business activities, and is aligned with the interests of all shareholders [37].