Core Viewpoint - The company, Hengshang Energy (603137.SH), is participating in the establishment of the Shanghai Yangtze River Delta Shenchuang Private Equity Fund Partnership to align with the national strategy of "Yangtze River Delta Integration Development" and to enhance business development through strategic customer engagement [1] Group 1: Investment Details - The total planned investment for the fund is 3.44 billion RMB, with Hengshang Energy contributing 50 million RMB, representing 1.4535% of the total committed capital [1] - The fund will focus on high-quality resources related to advanced manufacturing and new materials within the industry chain [1] Group 2: Strategic Objectives - The investment aims to leverage the expertise and resources of professional institutions and partners to integrate into the national strategy, connect with strategic customers, and facilitate business growth [1] - The initiative is expected to broaden investment methods and channels, allowing the company to identify and seize opportunities for industrial upgrades and the cultivation of new productive forces, which is beneficial for the company's long-term sustainable development [1] Group 3: Financial Implications - The external investment is designed to ensure the development of the company's main business while utilizing the investment experience of professional institutions to achieve reasonable investment returns [1] - This strategy is anticipated to enhance the company's investment channels and improve returns for shareholders [1]

Core Viewpoint - 恒尚节能 is actively participating in the "Yangtze River Delta Integration Development" national strategy by investing in a private equity fund focused on advanced manufacturing and new materials [1] Group 1: Investment Details - The company plans to establish the Shanghai Yangtze River Delta Shenchuang Private Equity Fund Partnership with a total investment of 3.44 billion RMB [1] - 恒尚节能 will contribute 50 million RMB as a limited partner, representing 1.4535% of the total committed capital [1] Group 2: Strategic Objectives - The investment aims to leverage the expertise and resources of professional institutions and partners to enhance business development and connect with strategic clients [1] - The initiative is expected to broaden investment methods and channels, allowing the company to seize opportunities for industrial upgrades and the cultivation of new productive forces [1] - This external investment is designed to ensure the development of the company's main business while obtaining reasonable investment returns to enhance shareholder value [1]