Overview - Jiangsu Huyong International Group Co., Ltd. announced the extension of the operational period of the Shanghai Sailin Huyong Equity Investment Fund Partnership (Limited Partnership) due to ongoing investments that have not exited [1][2]. Fund Establishment and Investment - The company approved the establishment of an industrial merger fund with a total investment of 490 million yuan, with the Sailin Huyong Fund being registered in February 2017 [1][2]. - The fund has invested in 10 projects since its inception, focusing on logistics supply chain and strategic emerging industries [2]. Fund Extension Details - The fund's original operational period was set to expire in August 2024, but it will be extended by 3 years until August 1, 2028, to facilitate the exit of ongoing projects [2][3]. - During the extension period, no management fees will be charged [2]. Impact on the Company - The extension of the fund's operational period aligns with the actual investment situation and will not significantly impact the company's operations or current performance, ensuring the interests of all shareholders are protected [2][3]. - The matter does not require approval from the company's shareholders' meeting and does not involve related transactions or constitute a major asset restructuring [2].