Core Viewpoint - Jiangsu Fengshan Group Co., Ltd. plans to invest RMB 15 million as a limited partner in the Cixi Zhuoyuan Xingyu No. 2 Venture Capital Fund, accounting for 29.99% of the total investment [2][4]. Group 1: Investment Details - The investment will be made using the company's own funds and does not require board or shareholder approval as it does not meet the criteria for significant asset restructuring [3][5]. - The total capital commitment for the fund is RMB 50.01 million, with Fengshan Group contributing RMB 15 million [21]. Group 2: Fund Management and Structure - The fund will be managed by Guangdong Zhuoyuan Asia Zhongke Venture Capital Co., Ltd., which has a professional investment management team and a normal operating status [7][8]. - The fund's management fee is set at 2% of the paid-in capital annually for four years, totaling 8% for each limited partner [15][23]. Group 3: Investment Strategy and Duration - The fund aims to invest in emerging industries such as information technology, with a total operational period of four years, including a one-year investment period and a three-year exit period [20][24]. - The fund's structure allows for the extension of its operational period by up to one year with unanimous consent from all partners [24]. Group 4: Impact on the Company - The investment is expected to have a minimal impact on the company's daily operations and will not be included in the consolidated financial statements [26]. - The investment aligns with the company's development needs and aims to leverage professional resources for reasonable investment returns [26].
江苏丰山集团股份有限公司关于参与认购创业投资基金份额的公告