Group 1 - The core point of the article is the establishment of a new equity investment fund by Anhui Conch Group and others, with a total investment amount of 1 billion yuan [1] - The fund is named Anhui Conch Emerging Industry Equity Investment Fund Partnership (Limited Partnership) and is involved in private equity fund activities such as equity investment, investment management, and asset management [1] - The fund is co-funded by Anhui Conch Group's subsidiary, Anhui Conch Private Equity Fund Management Co., Ltd., among other contributors [1]