Core Viewpoint - Zhejiang Shuju Culture (600633) has announced the establishment of a new venture capital fund, indicating a strategic move towards investment in unlisted companies, which may enhance its growth potential and market positioning [1]. Group 1: Stock Performance - As of November 26, 2025, Zhejiang Shuju Culture's stock closed at 13.42 yuan, down 1.54% from the previous trading day, with a total market capitalization of 17.018 billion yuan [1]. - The stock opened at 13.71 yuan, reached a high of 13.71 yuan, and a low of 13.37 yuan, with a trading volume of 327 million yuan and a turnover rate of 1.9% [1]. Group 2: Investment Announcement - The company announced that its wholly-owned subsidiary, Hangzhou Fuchun Cloud Technology Co., Ltd., has signed a partnership agreement to establish the Hangzhou Hangshu Intelligent No. 1 Venture Capital Fund Partnership (Limited Partnership) [1]. - The total subscribed capital for the fund is 85 million yuan, with Fuchun Cloud Technology planning to contribute 21 million yuan, representing 24.71% of the total [1]. - The investment scope of the fund is limited to venture capital in unlisted companies, and the company clarified that this investment does not constitute a related party transaction or a major asset restructuring, thus not requiring board or shareholder approval [1].