Investment Overview - The company aims to deepen industrial synergy and enhance insights into emerging industries through equity investments, signing a partnership agreement with Beijing Shanghe Momentum Private Fund Management Co., Ltd. on February 5, 2026 [1] - The target subscription scale for the partnership is RMB 177.01 million, with the company investing RMB 30 million as a limited partner [1] Investment Progress - The company has received notification from the fund manager that the partnership has completed registration with the Asset Management Association of China and obtained the Private Fund Registration Certificate on February 12, 2026 [1] - The registered fund is named "Jiaxing Shanghe Hualong Equity Investment Partnership (Limited Partnership)," managed by Beijing Shanghe Momentum Private Fund Management Co., Ltd., and custodied by Shanghai Pudong Development Bank Co., Ltd. [1]

Group 1 - The company, Zhongshan Dayang Electric Co., Ltd., has signed a partnership agreement with Beijing Shanghe Momentum Private Fund Management Co., Ltd. and other limited partners to invest in the Jiaxing Shanghe Hualong Equity Investment Partnership (Limited Partnership) to enhance its insight into emerging industries and promote effective integration of industry and capital [2][3] - The target subscription scale of the partnership is RMB 177.01 million, with the company contributing RMB 30 million as a limited partner to subscribe for fund shares [2] - The partnership has completed registration with the Asset Management Association of China and obtained the Private Fund Registration Certificate on February 12, 2026, with the fund name being Jiaxing Shanghe Hualong Equity Investment Partnership (Limited Partnership) [3]