Core Viewpoint - The establishment of the Sichuan Gas Industry Equity Investment Fund with a capital contribution of 2 billion yuan signifies a strategic move to enhance investment in the gas sector and related asset management activities [1] Group 1 - The Sichuan Gas Industry Equity Investment Fund was officially established on January 4 [1] - The total capital contribution for the fund amounts to 2 billion yuan [1] - The fund's operational scope includes private equity investment, investment management, and asset management [1] Group 2 - The fund is jointly established by Sichuan Road and Equipment and other contributors [1]

Core Viewpoint - The company, Shudao Equipment, is establishing a gas industry equity investment fund to optimize its industrial layout and accelerate the implementation of merger and acquisition projects, focusing on industrial gases, clean energy, and hydrogen energy sectors [1] Group 1: Fund Establishment - Shudao Equipment plans to jointly invest with Shudao Chanquan (Sichuan) Private Fund Management Co., Ltd. and Shudao (Sichuan) Equity Investment Fund Co., Ltd. to set up the Shudao (Sichuan) Gas Industry Equity Investment Fund (tentative name) [1] - The fund will primarily focus on industrial gases (including specialty gases and electronic gases), LNG, and hydrogen energy, establishing sub-funds or conducting direct equity investments [1] Group 2: Fund Size and Contributions - The total fund size is set at 2 billion yuan, with Shudao Equipment committing 1 billion yuan, representing 50.00% of the fund [1] - Shudao Equity Investment Fund Co., Ltd. will contribute 998 million yuan, accounting for 49.90%, while Shudao Chanquan Management Co., Ltd. will act as the general partner with a contribution of 200,000 yuan, representing 0.10% [1] - The initial capital contribution of 10 million yuan has been made for registration with the Asset Management Association of China, with subsequent contributions based on investment decisions and operational needs [1]

Core Viewpoint - The company, Shudao Equipment, is establishing a gas industry equity investment fund to optimize its industrial layout and accelerate strategic development in industrial gases, clean energy, and hydrogen energy sectors [1] Group 1: Fund Establishment - Shudao Equipment plans to jointly invest with Shudao Chanquan (Sichuan) Private Fund Management Co., Ltd. and Shudao (Sichuan) Equity Investment Fund Co., Ltd. to set up the Shudao (Sichuan) Gas Industry Equity Investment Fund [1] - The fund will focus on industrial gases (including specialty gases and electronic gases), LNG, and hydrogen energy, with plans to establish sub-funds or conduct direct equity investments [1] Group 2: Fund Structure and Investment - The total fund size is set at 2 billion yuan, with Shudao Equipment committing 1 billion yuan (50.00% share), Shudao Equity Fund contributing 998 million yuan (49.90% share), and Shudao Chanquan Management contributing 200,000 yuan (0.10% share) [1] - The initial capital contribution of 10 million yuan has been made for registration with the Asset Management Association of China, with subsequent contributions to be made based on investment decisions and operational needs [1]