Core Viewpoint - The company, Suzhou Saiwu Application Technology Co., Ltd., has invested 5 million RMB as a limited partner in the Suzhou Yuguangzhichuan Venture Capital Partnership, acquiring a 2.7431% share, focusing on smart automotive and energy innovation sectors [1][2][17]. Group 1: Investment Details - The company has committed 5 million RMB to the Yuguangzhichuan partnership, representing 2.7431% of the total capital contributions [1][2]. - The investment is aimed at projects in the smart automotive and energy innovation sectors, as determined by the investment decision committee [5][12]. - The investment does not require board or shareholder approval and is not classified as a related party transaction or a major asset restructuring [1][2]. Group 2: Partnership Overview - The general partner of the Yuguangzhichuan partnership is Shanghai Haichuan Private Fund Management Co., Ltd., which specializes in the smart automotive and energy sectors [3][4]. - The partnership is structured to provide a full lifecycle service for quality enterprises, from early incubation to public listing [3]. Group 3: Management and Decision-Making - The partnership has established a project investment decision committee to independently review and approve investment proposals [5]. - The management fee structure is defined, with fees based on the capital contributions of each partner [7][8]. Group 4: Financial Implications - The partnership's income distribution will follow a specific order, prioritizing the return of capital to limited partners before distributing profits [11][15]. - The company will bear limited liability for the partnership's debts, restricted to its capital contribution [17]. Group 5: Impact on the Company - This investment strategy is expected to enhance the company's investment returns and asset management capabilities without affecting its core business operations [17].

Core Viewpoint - Yantai Yatong Precision Machinery Co., Ltd. plans to invest 10 million RMB as a limited partner in the Suzhou Yuguangzhichuan Venture Capital Partnership, focusing on sectors like smart vehicles and energy innovation [2][3][13]. Group 1: Investment Overview - The company signed a partnership agreement on July 11, 2025, to invest in Yuguangzhichuan with a total subscription amount of 15.44242 million RMB, where the company's contribution will be 1 million RMB, representing 6.4757% of the total [3]. - The partnership aims to achieve good capital returns through direct or indirect equity investments, including convertible bonds, primarily in the smart vehicle and energy innovation sectors [3][8]. Group 2: Fund Management Information - The fund manager, Shanghai Haichuan Private Fund Management Co., Ltd., was established on September 19, 2024, with a registered capital of 10 million RMB [5][6]. - The fund manager is registered with the Asset Management Association of China and has no related party relationships with the company or its major shareholders [6]. Group 3: Impact on the Company - The investment aligns with the company's main business and leverages the expertise and resources of professional investment institutions, potentially increasing investment channels and development opportunities [13]. - The company will bear limited liability for the partnership's debts, ensuring that normal operations and financial conditions remain unaffected [13].