Core Viewpoint - The company announced the establishment of a joint venture fund with Jiaxing Zhijun Investment Management Co., Ltd., aiming to enhance its industry ecosystem and competitiveness through a capital commitment of 30% in the fund [1] Group 1: Investment Details - The fund, named Jiaxing Zhidao Tianhe Venture Capital Partnership (Limited Partnership), is set to raise 100 million yuan [1] - The company will contribute 30 million yuan, representing a 30% stake in the fund [1] - The board approved the investment proposal with a unanimous vote of 9 in favor, 0 against, and no abstentions [1] Group 2: Strategic Implications - The investment is expected to improve the company's industry ecosystem and enhance its competitive position [1] - The management has been authorized to handle related matters, indicating a proactive approach to investment management [1] - The investment is not anticipated to have a significant adverse impact on the company's financials or operations [1]