Core Viewpoint - KKR has announced a strategic partnership with Harley-Davidson's financial services company HDFS, with a transaction value of $5 billion (approximately 36 billion RMB) [4][5]. Group 1: KKR and Harley-Davidson - KKR has a historical connection with Harley-Davidson, having previously shown interest in acquiring the company about a decade ago [4]. - The acquisition of HDFS is part of Harley-Davidson's strategy to divest non-core assets amid declining sales and market challenges, particularly among younger consumers [9][10]. - Harley-Davidson's overall revenue decreased by 19% to $130.7 million in Q2, with motorcycle shipments down 28% year-over-year [9][10]. Group 2: Financial Performance and Market Context - KKR's management fee income grew by 17% to $887 million in the last quarter, with adjusted net income reaching $1.1 billion, slightly exceeding market expectations [11]. - KKR raised $28 billion (over 200 billion RMB) in the last three months, increasing its total assets under management to $686 billion, aiming for $1 trillion by 2029 [11][12]. - KKR's private equity portfolio shows that about 60% of its investments are valued at over 1.5 times their cost, indicating strong performance in its investment strategy [12].

Core Insights - The total number of newly registered private equity and venture capital funds reached 1,165 in Q2 2025, marking a year-on-year increase of 38.2% and a quarter-on-quarter increase of 20.3% [2][4] - The cumulative contribution from Limited Partners (LPs) reached 427 billion RMB, with state-owned capital dominating at 231.72 billion RMB, accounting for 54.26% of the total [9][10] Fund Overview - In Q2 2025, there were 416 newly registered private equity funds and 749 venture capital funds, with venture capital funds maintaining a dominant position [2] - The registration of funds was concentrated in Zhejiang, Jiangsu, and Guangdong provinces, indicating strong GP activity and industrial attraction in the Yangtze River Delta and Greater Bay Area [2] LP Contribution Trends - The frequency of LP contributions showed slight fluctuations in Q2 2025, with a general downward trend observed [4] - A total of 2,651 contributions were made by institutions with a contribution ratio of 1% or more, with government-guided funds and state-owned capital continuing to dominate the LP market, accounting for 52.7% of contributions [6][9] LP Contribution Distribution - The cumulative contribution from institutions with a contribution ratio of 1% or more reached 427 billion RMB, with state-owned capital leading at 231.72 billion RMB [9] - Financial institutions contributed 74.61 billion RMB, representing 17.47% of the total, while government-guided funds contributed 71.46 billion RMB, accounting for 16.73% [9][10] Active LP Analysis - State-owned capital maintained a strong position in Q2 2025, with a cumulative contribution of 231.72 billion RMB, reflecting its significant scale and stability [16] - Government-guided funds demonstrated a stable contribution pattern, with a total of 71.46 billion RMB, showcasing their role in leveraging small amounts of capital for larger investments [18] - Financial institutions contributed 74.61 billion RMB, focusing on large single contributions, indicating their professional asset allocation capabilities [19] - Private capital's participation remained low, with a total contribution of 23.89 billion RMB, highlighting the need for mechanisms to stimulate greater involvement [20]

登录新浪财经APP 搜索【信披】查看更多考评等级 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性承担法律责任。 ● 投资金额：人民币1,000万元，持股比例占合伙企业目前已募集认缴出资总额的10.3648%。 ● 风险提示： 1)由于股权投资基金具有投资周期长、流动性低的特点，本次投资可能面临较长的投资回收期； 2)市场风险：本基金投资品种的价格因受经济因素、政治因素、投资心理和交易制度等各种因素影响而 引起的市场波动，导致收益水平变化，从而产生风险。 3)投资行业、投资阶段风险：本基金主要关注智能制造、新信息技术、半导体等相关领域的私募股权投 资基金（包括但不限于IPO战配基金）、未上市企业、上市企业非公开发行和交易的普通股（含上市公 司定向增发、大宗交易、协议转让等），投资于前述行业和阶段可能面临一定的政策、市场、运营和监 管风险。智能制造、新信息技术、半导体等领域的发展依赖技术革新、产业升级，而技术改革和技术淘 汰往往导致行业领域内的重组与整合，且随着科技的发展，技术更新换代可能导致行业领域内的变化和 不稳定，由此可能给本有限合伙的投 ...

Investment Overview - The company has invested RMB 10 million in Tianjin Dinghui No. 2 Equity Investment Partnership, accounting for 10.3648% of the total subscribed capital of the partnership [2][4] - The investment aims to expand into emerging sectors while ensuring operational capital needs and manageable overall investment risks [4] Approval Process - The investment was approved by the company's management and does not require board or shareholder approval, as it falls within the management's authority [5] Fund Partner Information - Shenzhen Fenghou Wotian Venture Capital Co., Ltd. serves as the general partner and fund manager of the partnership [8] - The company is not a defaulter and has completed the necessary registration with the Asset Management Association of China [12][11] Fund Details - The fund, established on May 8, 2024, has a target size of RMB 3 billion and focuses on private equity investments in sectors such as intelligent manufacturing, new information technology, and semiconductors [14][15] - The fund's investment strategy includes direct or indirect investments in private equity funds and unlisted companies [20] Investment Purpose and Impact - The investment is expected to leverage the expertise and resources of professional institutions to enhance the company's investment capabilities and optimize its industrial layout [28] - The funding source is the company's own capital, ensuring that normal operations and financial conditions remain unaffected [28]

证券代码：603579 证券简称：荣泰健康 公告编号：2025-048 转债代码：113606 转债简称：荣泰转债 重要内容提示： ? 投资标的：天津鼎汇二号股权投资合伙企业（有限合伙） （以下简称"合 伙企业"、"本基金"或"天津鼎汇"） 临较长的投资回收期； 和交易制度等各种因素影响 而引起的市场波动，导致收益水平变化， 从而产生风险。 上海荣泰健康科技股份有限公司 关于公司参与股权投资基金的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 导体等相关领域的私募股权投资基金（包括但不限于 IPO 战配基金）、 未上市企业、上市企业非公开发行和交易的普通股（含上市公司定向增 发、大宗交易、协议转让等），投资于前述行业和阶段可能面临一定的 政策、市场、 运营和监管风险。智能制造、新信息技术、半导体等领 域的发展依赖技术革新、产业升级，而技术改革和 技术淘汰往往导致 行业领域内的重组与整合，且随着科技的发展，技术更新换代可能导致 行 业领域内的变化和不稳定，由此可能给本有限合伙的投资带来损失。 口规模不超过出资额，即人民币 ...

Core Viewpoint - The article summarizes important announcements from various listed companies in the Shanghai and Shenzhen stock markets, providing insights for investors on recent developments and potential impacts on company performance [2]. Company Announcements - Water Well Square: Director Sathish Krishnan resigned due to work reasons and will no longer hold any position in the company [3]. - Victory Energy: The company reported normal operating conditions with no significant changes in the internal or external business environment [4][5]. - Dream Network Technology: The company plans to jointly invest in a private equity fund with a target fundraising scale of 2 billion yuan, with a commitment of 50 million yuan from the company [6]. - Guoen Co., Ltd.: The company has completed the development of PEEK material production technology and aims to build a vertical integration platform for the entire PEEK industry chain [7]. - Action Education: The controlling shareholder proposed a mid-term dividend of 10 yuan per 10 shares for the 2025 fiscal year [8]. - Southern Road Machine: The company noted that its stock price has deviated from its fundamentals, indicating potential risks for investors [9]. - Shandong Highway: The company plans to participate in a capital increase project for Weihai Bank, with a total investment not exceeding 348 million yuan [11]. - Dalian Friendship: The company reached a settlement in a lawsuit with its controlling shareholder, with plans to withdraw the case [12]. - Huilv Ecology: The company plans to increase investment by 600 million yuan to build a production base in Ezhou [13]. - Qingdao Bank: The bank reported a net profit of 3.065 billion yuan for the first half of 2025, a year-on-year increase of 16.05% [14]. - Ankai Micro: The company will launch a low-power lock control SoC chip designed for smart locks [15]. - Yingweike: The company has built a complete liquid cooling technology and product solution capability [16][17]. - Dashengda: The company plans to acquire a 30% stake in Thailand Far East International Environmental Co., Ltd. for 20.4 million Thai Baht [18]. - Dongxin Co., Ltd.: The company clarified that its chip products are not intended for large model computing clusters [19]. - Tibet Tourism: The company will apply for a trading suspension if significant trading anomalies continue [20]. - New Aluminum Era: The company plans to invest at least 500 million yuan in a lightweight high-strength automotive parts project [21]. - Darui Electronics: The company plans to acquire 80% of Weiste's shares to enhance its strategic layout in lightweight materials [22]. Performance Reports - Jiejia Weichuang: The company expects a net profit of 1.7 billion to 1.96 billion yuan for the first half of 2025, a year-on-year increase of 38.65% to 59.85% [23]. - Sinopec: The company anticipates a net profit of 20.1 billion to 21.6 billion yuan for the first half of 2025, a decrease of 39.5% to 43.7% year-on-year [24]. - Da Da Quan: The company reported a net profit of 181 million yuan for the first half of 2025, a year-on-year increase of 563.15% [25]. - Zhengdan Co., Ltd.: The company reported a net profit of 630 million yuan for the first half of 2025, a year-on-year increase of 120.35% [26]. - New Light Optoelectronics: The company expects a revenue of approximately 21 million yuan for the first half of 2025, with a net loss of 19 million to 23 million yuan [27]. - Xiangfenghua: The company reported a net loss of 294,590 yuan for the first half of 2025, compared to a profit in the previous year [28]. Major Contracts - Shenlian Bio: The company signed contracts for the development of multi-valent vaccines with the Chinese Academy of Agricultural Sciences [29]. - Boying Special Welding: The company signed a cooperation framework agreement with Weirham for special welding technology applications [30]. Shareholding Changes - Jiangnan Yifan: The company's general manager plans to increase his shareholding [31]. - Jieya Co., Ltd.: Major shareholders plan to reduce their holdings by up to 4.95% [32]. - Tongda Co., Ltd.: A major shareholder plans to reduce holdings by up to 3% [34]. - Haohuan Depth: A major shareholder plans to reduce holdings by up to 2.17% [35]. - Jiahua Technology: A major shareholder plans to reduce holdings by up to 2% [36]. - Heyuan Gas: A major shareholder plans to reduce holdings by up to 2% [37]. Share Buybacks - Fuanna: The company plans to repurchase shares for an amount between 55.85 million and 104 million yuan [38]. Financing Activities - Aoshikang: The company plans to issue convertible bonds not exceeding 1 billion yuan for high-end printed circuit board projects [39].

该基金直接或间接投资于中国境内的智能制造、新信息技术、半导体等相关领域的私募股权投资基金 (包括但不限于IPO战配基金)、未上市企业、上市企业非公开发行和交易的普通股(含上市公司定向增 发、大宗交易、协议转让等)，也可以投向其他行业和领域的私募股权投资基金或企业/项目。 荣泰健康（603579）(603579.SH)发布公告，近日，公司与深圳丰厚沃天创业投资有限公司(以下简称"丰 厚沃天")签订了《天津鼎汇二号股权投资合伙企业(有限合伙)合伙协议》(以下简称"合伙协议")，在确保 满足日常经营资金需求、总体投资风险可控的前提下，为了进一步拓展新兴领域的投资，充分利用专业 机构的经验和资源，公司作为有限合伙人以自有资金人民币1,000万元出资认购天津鼎汇的基金份额， 持股比例占合伙企业目前已募集认缴出资总额的10.3648%。 ...

人民财讯7月31日电，梦网科技（002123）7月31日晚间公告，公司作为有限合伙人与普通合伙人深圳市 高新投人才股权投资基金管理有限公司，及其他有限合伙人共同签署《深圳市高新投高端装备产业私募 股权投资基金合伙企业(有限合伙)合伙协议》，拟共同投资设立深圳市高新投高端装备产业私募股权投 资基金合伙企业(有限合伙)(简称"合伙企业")，合伙企业目标募资规模为20亿元，出资方式均为货币。 全体合伙人本次的认缴出资总额为15.4亿元，公司拟认缴出资5000万元，出资比例为3.2468%。合伙企 业应将可投资金额100%投资于以下领域：工业母机、激光与增材制造、精密仪器设备、轨道交通等四 个产业领域以及由产业主管单位认可的其他相关投资领域，其中前三个领域的每个领域投资比例原则上 不低于可投资金额的20%。 ...

Core Viewpoint - The company Silver Dragon (603969.SH) has announced a strategic investment in a new industry fund focused on the renewable energy and energy storage sectors, in collaboration with Beijing Honghui International Energy Technology Development Co., Ltd. and Botong (Tianjin) Venture Capital Co., Ltd. [1] Investment Details - The total amount for the fund established is 96 million yuan, with Tianjin Silver Dragon Prestressed Materials Co., Ltd. contributing 81.504 million yuan as a limited partner [1]

银龙股份（603969）公告，公司与北京泓慧国际能源技术发展有限公司、博通(天津)创业投资有限公司 共同投资设立产业基金，基金名称为天津众源博通新能创业投资基金合伙企业(有限合伙)，总金额9600 万元。其中，银龙股份作为有限合伙人出资额8150.4万元人民币。合伙期限为6年，其中4年为投资期， 2年为退出期。投资基金主要投资于新能源产业、储能领域相关项目。 ...