CSD Water Service (603903.SH) intends to allocate 20 million yuan to cooperate with professional institutions to set up an investment fund.

CSD Water Service (603903.SH) announced that the company plans to establish a limited partnership enterprise called Shanghai Siyuan Exploration Entrepreneurship Investment Partnership Enterprise (referred to as the "Limited Partnership Enterprise" or the "Investment Fund") with professional investment institutions Qigao Investment Management (Shanghai) Co., Ltd. (referred to as "Qigao Investment"), Yunchong Industry Win-Win (Beijing) Entrepreneurship Investment Co., Ltd. (referred to as "Yunchong Venture Capital"), Nantong Jiao da Future Industrial Investment Fund Center (Limited Partnership) (referred to as "Jiao da Investment"), and other enterprises and individuals, primarily investing in angel stage projects, especially those with a focus on technology achievements (particularly those with a background from Shanghai Jiaotong University). The initial subscribed capital of the investment fund is 65 million yuan, with the company as a limited partner subscribing 20 million yuan from its own funds, accounting for 30.77% of the initial subscribed capital ratio.