本该在2022年到期清算的私募股权基金，在被管理人单方面延期三年后，近期再度被告知将延长两年。 青岛投资者刘东反映称，2016年11月，他通过诺亚财富旗下芜湖歌斐资产管理有限公司（下称 "歌斐资 产"），投资了中信资本股权投资 (天津) 股份有限公司（下称 "中信资本天津公司"），然而至今近九年 时间里，约定最长6年的 "股权投资" 沦为遥遥无期的资金锁定。该基金延期的背后，还牵扯出标的公司 涉嫌虚假宣传、管理人尽职调查缺位等多重疑云。 合同约定形同虚设 刘东介绍，根据基金合同约定，该产品采用 "4+1+1" 期限设计，最长存续期为 6 年，明确 "每次延长不 超过 1 年且合计延长不超过 2 次"。 "当年，众多投资人是通过中信资本天津公司直销或者通过中信证券、诺亚财富旗下歌斐基金管理的私 募投资基金等途径投资的中信资本天津公司。"刘东说道。 "不仅是歌斐基金，据我所知，仅通过中信证券这个渠道就融资了20亿元左右。"曾在中信证券工作，参 与过该项目融资的林晶说。 2022年最长期限6年到期前夕，歌斐基金已经单方面宣布延长3年（至2025年11月16日）。然而，刘东透 露，2025年10月21日，在召开的投资 ...

格隆汇11月24日丨麒盛科技(603610.SH)公布,公司全资子公司麟盛投资（海南）有限公司拟作为有限合 伙人以自有资金9990.00万元人民币参与投资嘉兴敦盛贝贝股权投资合伙企业（有限合伙），占合伙企 业份额的99.90%。该私募基金尚在募集中，后续公司持有的基金份额如有变动，将及时履行信息披露 义务。 在确保公司主营业务发展的前提下，公司围绕智慧医疗大健康产品及服务等潜力赛道，利用专业投资机 构的投资经验，有利于进一步挖掘和布局公司在行业内的发展。同时，将有助于拓宽公司的投资渠道， 提高广大股东的投资回报。本次投资的资金来源为公司自有资金，不会影响公司生产经营活动的正常运 行，不会对公司财务及经营状况产生重大影响。本次投资完成后不会新增关联交易，也不会形成同业竞 争，不存在损害公司及全体股东利益的情形。 ...

| 是本信号 6 | 法律坏以 | 经营风险 | 준물(팀명 | 公口 | | --- | --- | --- | --- | --- | | 执行事务合伙人 ? | 苏州驰星泽和投资管理合伙企业 （有限合伙） 苏州 驰星 委派代表：王云开(来源于中基 | 登记状态 ① | 存续 | | | | 协） | 成立日期 | 2025-09-25 | | | 统一社会信用代码 ② | 91350182MAG0CDGY7T | 出资额 | 10000万人民币 | | | 工商注册号 | 350182110509634 | 纳税人识别号 ② | 91350182MAG0CDGY7T | | | 营业期限 | 2025-09-25 至 2033-09-24 | 纳税人资质 | | | | 企业类型 | 有限合伙企业 | 行业 | 资本市场服务 | | | 参保人数 | | 英文名称 | | | | 登记机关 | 福州市长乐区市场监督管理局 | 主要经营场所 2 | 福建省福州市长乐区文武砂街道 | | | 经营范围 ② | | 一般项目:以私募基金从事股权投资、投资管理、资产管理等活动(须在中国证券投资基金业协会完 | ...

Group 1 - The company has approved a proposal to invest in a private equity fund and has signed an agreement to acquire a limited partnership interest in the Henan Hongkai Equity Investment Fund with a total commitment of RMB 202 million, representing 25.0935% of the fund's total committed capital [2] - The fund has completed the necessary business registration changes and private investment fund filing procedures [3] - The announcement includes details about the partners of the Hongkai Fund and their respective contributions, although specific data is not provided in the text [4]

Group 1 - The company has approved an investment in a private equity fund and related transactions during its board meeting on September 22, 2025 [2] - The company will acquire a limited partnership interest in the Henan Hongkai Equity Investment Fund Partnership for a nominal price of zero, with a total commitment of RMB 202 million, representing 25.0935% of the fund's total subscribed capital [2] - The fund has completed the necessary business registration changes and private equity fund filing procedures as of the date of the announcement [4] Group 2 - The company has signed a property share transfer agreement with Henan Asset Management Co., Ltd. to formalize the investment [2] - The management is authorized to participate in fund investments up to the committed amount of RMB 202 million based on the fund manager's payment notices [2] - The announcement emphasizes the completion of the fund's registration and the partnership structure, although specific partner details are not provided in the summary [5]

Investment Progress - The company has completed the registration of its investment in the private equity fund, acquiring a 19.34% stake in the partnership for a total commitment of RMB 200 million, with an initial payment of RMB 23.116712 million [2][3] - The private equity fund, named Zhongjin Emerging Private Equity Investment Fund (Qingdao) Partnership, was established on December 21, 2017, with a total capital contribution of RMB 1.034 billion [3] H-share Issuance - The company submitted an application for H-share issuance and listing on the Hong Kong Stock Exchange on September 29, 2025, with the application materials published on the exchange's website [5][6] - The issuance is limited to qualified overseas investors and domestic qualified investors under Chinese laws, and the company will not publish the application materials on domestic exchanges [6][7]

Group 1 - Company Zhongchuangzhiling (601717.SH) announced a strategic investment initiative to enhance its investment returns and asset management capabilities through collaboration with related parties such as Henan Assets and Henan Asset Fund Management [1] - The company plans to acquire a 20,200 million RMB limited partnership interest in the Hongkai Fund from Henan Assets at a zero price, which represents 25.0935% of the total subscribed capital of the fund [1] - The board of directors has authorized the management to participate in the fund investment within the limit of 20,200 million RMB as per the capital contribution notice from the fund manager [1] Group 2 - The Hongkai Fund aims to make targeted investments in Chaoyuan Digital Technology Co., Ltd. through equity transfer and other means, with the goal of achieving investment returns through the appreciation of the equity of future investment targets [2] - Chaoyuan, established on September 13, 2021, is a cloud computing and IT infrastructure provider focused on creating a new generation of green intelligent computing network capabilities, serving over 10,000 clients across more than 100 countries and regions [2] - The company targets various industries, including telecommunications, finance, internet, and government enterprises, with an emphasis on intelligent, domestic, diversified, and green solutions [2]

Background Overview - Sichuan Road and Bridge Construction Group Co., Ltd. has approved a proposal for its subsidiary to participate in the bidding for the construction project of the Mianyang-Suining section of the Mian-Sui Railway through a fund subscription model [1] - The subsidiary will form a consortium to bid for the project, and upon winning, will subscribe to a private fund designated by the project owner, with the subscription amount being 1/5 of the winning bid [1] Latest Developments - Recently, to ensure the smooth progress of the Mian-Sui project, the subsidiary, Sichuan Railway Construction Co., transferred its subscribed private fund shares worth 781 million yuan to another subsidiary, Sichuan Road and Bridge East China Construction Co., and to Sichuan Transportation Construction Group [2] - The total private fund shares transferred include 547,003,252.20 yuan to East China Construction and 234,024,917.40 yuan to Transportation Construction Group, with the transfer being an internal transaction within the consolidated financial statements of the company [2] Changes in Investment Partners - The change in investment partners does not affect the total investment amount by the company and its subsidiaries, and the matter has been approved by the company's general manager's office without needing further board or shareholder approval [4] - The new partnership agreement maintains the other main terms of the original agreement, with the total subscribed capital amounting to 2,826,350,933 yuan [3] Impact on the Company - The change in the private fund's investment partner is aimed at ensuring the smooth progress of the Mian-Sui project and does not involve adjustments to the total investment amount by the company and its subsidiaries, thus not having a substantial impact on the company [4] - The new partners, East China Construction and Transportation Construction Group, will be liable for the partnership's debts only up to their subscribed capital, indicating that the risks associated with this transaction are manageable [4]

Core Viewpoint - The establishment of Tianjin Baifu Haihe West Bank Private Equity Fund Partnership marks a significant addition to the investment landscape, providing diversified investment options and professional asset management services to investors [1][3]. Company Information - Tianjin Baifu Haihe West Bank Private Equity Fund Partnership has a registered capital of 500 million RMB [1][2]. - The executive partner is Tianjin Futong Information Consulting Partnership (Limited Partnership) [1][2]. - The fund's business scope includes private equity investment, investment management, and asset management [1][2]. Investment Strength - The fund's investors include notable companies such as Tianjin Guifaxiang Mahua Catering Group Co., Ltd., Tianjin Haihe Industrial Fund Partnership (Limited Partnership), and Tianjin Futong Information Consulting Partnership (Limited Partnership) [2][3]. - The participation of these companies indicates strong financial backing and potential for market influence [2][3]. Market Impact - The entry of Tianjin Baifu Haihe West Bank Private Equity Fund Partnership is expected to inject new vitality into the private equity sector, enhancing industry influence and resource integration capabilities [3]. - The fund aims to leverage its professional investment management team and substantial financial resources to create value for investors and promote healthy industry development [3][4].

Core Viewpoint - The company is involved in a series of related transactions, including a capital reduction of an existing private equity fund and participation in a new private equity fund, which are deemed necessary for optimizing fund structure and enhancing investment opportunities in strategic sectors such as new materials and high-end equipment [1][2][3] Summary by Sections 1. Overview of Related Transactions - The company approved a capital reduction of 30 million RMB in the Suzhou Woyan fund, reducing the total fund size from 120 million RMB to 84 million RMB while maintaining the company's contribution ratio at 2.5% [2][3] - The company plans to invest 10 million RMB in the Hunan Woyan fund, which focuses on early and growth-stage companies in new materials and high-end equipment sectors [2][3] 2. Basic Information of Related Parties - The fund managers of Suzhou Woyan and Hunan Woyan are associated with Beijing Woyan Investment Center, which holds over 5% of the company's shares, establishing a related party relationship [3][4] 3. Pricing of Related Transactions - The capital reduction was agreed upon through discussions among all partners, ensuring fairness and no detriment to the company's interests [6] - The subscription price for the new fund is set at 1 RMB per fund share, consistent with other partners [6][7] 4. Necessity and Impact of Transactions - The capital reduction is aimed at optimizing fund structure and improving resource utilization without adversely affecting the company's financial status [8][9] - The investment in the Hunan Woyan fund aligns with the company's strategic goals in high-growth sectors, enhancing its competitive position and diversifying investment channels [9][10] 5. Approval Procedures - The independent directors unanimously approved the related transactions, confirming compliance with relevant regulations and the absence of significant legal obstacles [10][11] - The board of directors also approved the transactions, with the related party abstaining from voting [10][11]