Core Points - Zhengzhou Angel Investment Fund is publicly announcing the third batch of proposed subsidiary funds for investment, with a public notice period from November 19, 2025, to November 26, 2025 [1] - Any objections to the announced projects must be submitted in writing during the public notice period, including relevant reasons and supporting materials [1] - The announcement does not imply any funding commitment from the Zhengzhou Angel Investment Fund, as funding obligations will be based on the final signed partnership agreements or company bylaws [1] Summary by Category Announcement Details - The public notice is based on the "Zhengzhou Angel Investment Fund Operation Plan" and "Zhengzhou Angel Investment Fund Subsidiary Fund Application Guidelines" [1] - The contact information for inquiries includes a phone number, email, and physical address for Zhengzhou Innovation Investment Private Fund Management Co., Ltd [1] Proposed Subsidiary Funds - The proposed subsidiary funds include: 1. Cross-border e-commerce and manufacturing overseas project by Beijing Kaituo He Yi Private Fund [1] 2. Zhengzhou Erqi Angel Venture Capital Fund Partnership by Henan High-tech Venture Capital Co., Ltd [1]

Core Points - Zhengzhou City has announced the third batch of proposed subsidiary funds for its angel investment fund, focusing on cross-border e-commerce and manufacturing [1] - The angel investment fund has a total scale of 1 billion yuan, aimed at enhancing financial support for technological innovation [4] Group 1: Proposed Subsidiary Funds - The proposed subsidiary funds include the "Kua Xie He Yi Cross-Border E-Commerce and Manufacturing Outbound Fund" and the "Zhengzhou Erqi Angel Venture Capital Fund" [2] - The selected institutions for these funds are Beijing Kaituo He Yi Private Equity Management Co., Ltd. and Henan High-Tech Venture Capital Co., Ltd. [2] Group 2: Investment Guidelines - The Zhengzhou angel fund will invest no more than 60% of the subsidiary fund's total scale [4] - Subsidiary funds must invest at least 60% of their total investment amount in angel-stage entrepreneurial enterprises [4] - For funds registered in Zhengzhou, the investment in local angel-stage enterprises must be at least equal to the amount contributed by the city’s angel fund; for those registered outside Zhengzhou, the investment must be at least 1.2 times the amount contributed [4]