Group 1 - The core point of the article is that China Ruilin (603257.SH) has signed a cooperation intention agreement to establish the Jiangxi Tungsten Mining Fund with several partners, with a total fund size of 2 billion yuan [1] - The company plans to invest 30 million yuan of its own funds into the Jiangxi Tungsten Mining Fund, which is still in the preparatory stage [1] - The Jiangxi Tungsten Mining Fund will primarily focus on mining asset investments, characterized by long investment cycles and low liquidity [1] Group 2 - There are risks associated with the fund, including the potential inability to find suitable investment targets [1] - Some partners have not yet completed their investment decision-making processes, and the partnership agreement has not been signed, leading to uncertainties in the capital contribution structure [1]

Core Viewpoint - The company plans to participate as a limited partner in the establishment of the Jiangtong Mining Fund, with a maximum investment risk amounting to RMB 30 million [1] Group 1: Investment Details - The Jiangtong Mining Fund is currently in the preparatory stage, and some partners have not yet completed their investment decision-making processes [1] - The investment amount by the company is subject to the final signed partnership agreement [1] - The fund aims to engage in mining asset investments, which are characterized by long investment cycles and low liquidity [1] Group 2: Risks and Uncertainties - There is a risk of not finding suitable investment targets for the fund [1] - The partnership involves a related party transaction, as one of the signatories, Jiangxi State-owned Capital Operation Holding Group Co., Ltd., is the parent company of Jiangxi Copper Group, a shareholder of the company [1]