Core Viewpoint - The company, Shanghai Sinan Navigation Technology Co., Ltd., has signed a cooperation framework agreement with China-US Green Fund Management Co., Ltd. to establish a private equity investment fund focused on the navigation and surveying industry, with a total subscription scale not exceeding 300 million RMB [3][5]. Group 1: Overview of Cooperation - The cooperation aims to leverage professional investment institutions' resources for the long-term development of the company, focusing on industry chain integration and related business investments [3]. - The company plans to contribute no more than 100 million RMB, which will not exceed 50% of the total subscription scale of the fund, with the remaining funds to be raised from government and social capital [3][5]. Group 2: Fund Details - The fund, tentatively named "China-US Green Navigation Surveying Venture Capital Partnership (Limited Partnership)," will have a maximum scale of 300 million RMB, with the company contributing up to 100 million RMB [5]. - The fund will primarily invest in high-end manufacturing, professional services, and downstream applications related to the Beidou navigation and surveying industry [6]. Group 3: Fund Management and Decision-Making - The fund will be managed by China-US Green Fund, which is a qualified private fund manager registered with the Asset Management Association of China [4]. - A decision-making committee will oversee investment-related matters, requiring a 4/5 majority for resolutions to pass [8]. Group 4: Investment Objectives and Impact - The investment aligns with the company's strategic development and investment direction, aiming to accelerate the implementation of its development strategy while ensuring stable operations [10]. - The collaboration is expected to help the company identify promising projects and share potential investment returns, effectively reducing investment risks [10].