Core Viewpoint - The establishment of the "Anhui Province Jusheng Material Equity Investment Partnership" with a total fund size of RMB 1 billion, where the company contributes RMB 190 million, is a strategic move to enhance its investment in the new display materials sector and strengthen its industrial chain collaboration [2][3]. Group 1: Fund Details - The fund has a total scale of RMB 1 billion, with the company contributing RMB 190 million, accounting for 19% of the total [2]. - The fund is managed by Hefei Xinzhan Guoxin Capital Private Fund Management Co., Ltd. and Hefei Shengzhi Equity Investment Co., Ltd., with other contributors including local industry funds [3]. - The investment period for the fund is set at 10 years, focusing on new display materials, with at least 70% of investments directed towards the upstream and downstream of the industry chain [3]. Group 2: Strategic Importance - The partnership is seen as a significant step for the company to improve its industrial layout and deepen collaboration within the supply chain [3]. - By leveraging the resources and management experience of professional investment institutions, the company aims to expand its investment in key areas such as display materials, facilitating technological breakthroughs and supply chain cooperation [3]. Group 3: Company Focus and Developments - The company is focused on the new display business, including the research, production, and sales of OLED and Micro LED display devices, with applications in smartphones, wearables, and other sectors [3]. - The company is actively advancing the construction of its 8.6-generation AMOLED production line and has announced a joint investment of RMB 5 billion to establish a new display industry innovation center [4].