Core Viewpoint - Suchang Chai A announced the establishment of a joint equity investment fund with Changzhou Investment Group, focusing on advanced manufacturing and strategic emerging industries [2] Group 1: Investment Details - The board of directors approved the establishment of the Changzhou Changtou Xinhui No. 1 Equity Investment Fund with a total scale of 70 million yuan [2] - Suchang Chai plans to invest 30 million yuan through its wholly-owned subsidiary, Changzhou Housheng Investment [2] - The fund will target investments in high-end manufacturing, smart agricultural machinery, new energy, and new power sectors [2] Group 2: Related Parties - Changzhou Investment Group is the controlling shareholder of Suchang Chai, while Changzhou Xinhui Private Fund Management Co., Ltd. is a wholly-owned subsidiary of the investment group [2] - The investment constitutes a related party transaction due to the connections between the involved entities [2]