Core Viewpoint - Jinko Power Technology Co., Ltd. is participating as a limited partner in establishing a private equity fund, contributing RMB 17 million, which accounts for 17% of the total fund commitment of RMB 100 million, aimed at investing in industrial-side energy storage projects [2][4][25]. Investment Details - The fund, named Quanzhou Fengquan Jinko Green Energy No. 1 Equity Investment Partnership (Limited Partnership), is established with a total commitment of RMB 100 million, with the first capital contribution being no less than 20% of each partner's commitment [4][16]. - Jinko's initial contribution is RMB 3.4 million, with the total investment being made in stages based on project progress [4][25]. Partnership Overview - The partnership includes several entities, such as Quanzhou Xing Shui Water Industry Investment Partnership and Shanghai Shuzheng Chuangxin Management Co., among others, to enhance strategic cooperation in the energy storage sector [4][25]. - The fund management will be handled by Fengquan Capital, which has a management scale of RMB 5 billion and has cumulatively committed over RMB 1.5 billion to external investments [8][25]. Fund Management and Operations - The fund will have a lifespan of 7 years, including a 3-year investment period, followed by 2 years of operational period and 2 years for exit [17][18]. - Management fees will be charged at 1% of the unpaid capital contributions annually, and profits will be distributed based on the contributions of each partner [22][23]. Strategic Impact - This investment allows the company to leverage professional investment institutions, broadening its investment channels and enhancing its strategic layout in the energy storage business [25]. - The investment aligns with the company's development goals and shareholder interests, without causing competition or affecting normal operations [25].

Core Viewpoint - Jinko Technology (601778.SH) is advancing its strategic investment in the energy storage business by establishing a partnership with multiple entities to create a fund focused on industrial energy storage projects [1] Group 1: Strategic Investment - The company has signed a partnership agreement with several firms, including Quanzhou Xingshui Water Industry Investment Partnership and others, to establish the Quanzhou Fengquan Jinko Green Energy No. 1 Equity Investment Partnership [1] - The fund aims to invest in industrial energy storage projects, enhancing the company's strategic layout in the energy storage sector [1] Group 2: Financial Commitment - Jinko Technology will participate as a limited partner with its own funds amounting to RMB 17 million, representing 17% of the total committed capital of the fund [1] - The initial investment amount is RMB 3.4 million [1] Group 3: Strategic Benefits - By participating in the equity investment fund, the company can leverage the advantages of professional investment institutions to broaden its investment channels [1] - The focus on industrial energy storage projects is expected to strengthen the company's strategic cooperation and collaboration with various stakeholders in the industry ecosystem, ultimately empowering future development and ensuring reasonable investment returns [1]

Core Viewpoint - Jinko Technology (601778.SH) is advancing its strategic investment in the energy storage business by participating as a limited partner in a new equity investment partnership, aiming to strengthen collaboration within the industry chain and ecosystem [1] Group 1 - The company plans to invest 17% of the total committed capital of 17 million yuan in the Quanzhou Fengquan Jinko Green Energy No. 1 Equity Investment Partnership (Limited Partnership) [1] - The fund aims to invest in energy storage projects on the industrial side through a holding platform [1]