Group 1 - The first AIC industry fund in Jiangsu Province, named "Wuxi Zhongying Xichuang Dingqi Fuyao New Industry Equity Investment Partnership (Limited Partnership)," has been successfully registered in Wuxi City on December 5, 2025, in collaboration with multiple financial institutions [1] - The fund has a total scale of 1 billion yuan, focusing on low-altitude economy, commercial aerospace, and related sectors such as design, manufacturing, equipment, materials, and system integration [3] - The establishment of this fund is a significant practice for the Binhu District to deepen the collaboration between government, banks, and enterprises, linking financial resources with regional industrial needs [3] Group 2 - The fund is managed by Bank of China Capital, which has been established since 2018 with a registered capital of 500 million yuan and is a wholly-owned subsidiary of Bank of China Asset Management [3] - As of September 2025, Bank of China Capital manages 39 funds with a total subscription scale of 60.5 billion yuan and a paid-in balance of 14.2 billion yuan, showcasing its strong financial capabilities and resources [3]

Core Viewpoint - China Coal Energy (01898) has announced its participation in a state-owned enterprise's strategic new fund, investing 1 billion RMB, which represents a 1.96% stake in the fund [1] Group 1: Investment Details - The total transaction amount is 1 billion RMB, sourced from the company's own funds [1] - The investment aims to implement national strategic deployments and promote the development of strategic new industries and future industries [1] Group 2: Strategic Objectives - The fund focuses on nine major strategic new industry sectors, exploring new tracks for future industries [1] - The investment aligns closely with the company's main business, facilitating access to a broader industrial and financial platform [1] Group 3: Financial Impact - The funding will not affect the company's normal cash flow or the development of its main business [1] - There are no adverse effects on the company or its shareholders' interests due to this investment [1]