Investment Overview - The company plans to invest in the Shanghai Yinbo Iteration Silicon-based Venture Capital Partnership (Limited Partnership) with a total investment amount of RMB 10 million, accounting for 3.33% of the fund's total target size of RMB 30 million [1][2] - The investment aims to support the company's strategic development in the field of embodied intelligence and leverage the resources of professional investment institutions [1][2] Investment Agreement Details - The investment does not require approval from the company's board of directors or shareholders, as it does not constitute a related party transaction or a major asset restructuring [2][4] - The managing entity of the fund, Yinbo Iteration Private Fund Management (Shanghai) Co., Ltd., was established on June 19, 2024, with a registered capital of RMB 30 million [2][4] Fund Structure and Management - The fund will primarily invest in embodied intelligence and related upstream and downstream industries [3][4] - The fund's management will be executed by the general partner, who will also appoint a representative to oversee specific partnership affairs [5][6] Cash Distribution and Profit Sharing - The cash distribution will follow a specific order, starting with the return of contributions to limited partners, followed by a threshold return of 5% per annum on actual contributions [7][8] - The fund will also allow for non-cash distributions, subject to the approval of the advisory committee [8] Impact on the Company - The investment in the fund is expected to enhance the company's ability to identify and incubate high-quality early-stage projects that align with its strategic development direction [9] - The investment will be conducted without affecting the company's daily operations and will not have a significant adverse impact on its financial status or operational results [9]