Shenzhen Capol International & Associates (002949.SZ) plans to establish a digital cultural industry development investment fund.

Shenzhen Capol International & Associates (002949.SZ) announced that the company plans to jointly invest with Shanghai Guoke Longhui Private Equity Fund Management Co., Ltd. (referred to as "Guoke Longhui") and other partners to establish a fund for the development of the digital cultural industry. The scale of the Digital Culture Development Fund is 200 million yuan, with an initial paid-in capital of 30 million yuan, and subsequent paid-in capital for each investment project will be based on the investment amount approved by the Investment Decision Committee of the partnership. The company plans to subscribe for 100 million yuan of the fund with its own funds, accounting for 50% of the total partner investment. The initial paid-in capital will be 15 million yuan (subject to the actual signed partnership agreement). The company's participation in the establishment of the industrial fund aims to leverage the resource advantages of all partners, make direct or indirect equity investments in the digital cultural field, leverage the company's strengths in the creative and production industry, expand the company's industry layout, thereby improving the company's profitability and core competitiveness, and creating more value for the company and shareholders.