Core Viewpoint - The company Guolian Minsheng (601456) has established a partnership with Guolian Life Insurance to create a limited partnership fund focused on private equity investments in new productivity and smart technology sectors [1] Group 1: Fund Establishment - Guolian Tongbao, a wholly-owned subsidiary of Guolian Minsheng, has signed a partnership agreement with Guolian Life Insurance to set up a limited partnership fund [1] - Guolian Tongbao will act as the fund manager and general partner, providing asset management services for the fund [1] Group 2: Investment Focus - The fund will primarily invest in private equity within the new productivity and smart technology sectors [1] - This investment strategy aims to expand the company's private equity business management scale and generate investment returns and management fee income [1] Group 3: Strategic Collaboration - The establishment of the fund represents a business collaboration between the company's private investment fund subsidiary and insurance capital [1] - The partnership focuses on jointly developing project resources around "digital intelligence empowering technology assets," which is expected to yield long-term investment returns [1] - This collaboration will enhance the company's experience in working with insurance institutions, strengthen its private equity asset management capabilities, and improve brand recognition [1] Group 4: Operational Principles - The investment process adheres to principles of fairness, justice, and openness, ensuring no adverse impact on the company's operations [1]

Group 1 - The 27th Asia Pet Expo held in Shanghai from August 20 to 24 showcased a record scale with over 2,600 exhibitors and more than 20,000 participating brands across an exhibition area of 310,000 square meters [1] - The focus of this year's expo shifted towards the application of smart technology and innovation in pet care, reflecting the growing demand for high-tech and intelligent pet health products among pet owners [1] - ZhongAn Insurance announced a collaboration with Alipay to enhance the convenience of purchasing pet insurance and claims services through NFC technology, aiming to integrate smart technology into pet care [1] Group 2 - Ant Group's digital asset platform, Whale Exploration, highlighted the unique characteristics of NFTs, which are based on blockchain technology, ensuring ownership transparency and traceability [2] - The pet economy is experiencing robust growth despite the global economic downturn, with pet insurance emerging as a crucial link between medical services and pet care, showing significant growth potential [2] - ZhongAn Insurance reported that by the first half of 2025, the number of services provided in the pet ecosystem reached nearly 880,000, with a total of 3.25 million services, reflecting a 79% increase in per capita service frequency compared to the previous year [2]