WENYE GROUP (01802): Signed a Memorandum of Cooperation with China Investment Corporation Golden Harvest to establish an industrial fund for investing in emerging industries.

WENYE GROUP (01802) announced that on December 28, 2024, the group signed a memorandum of cooperation with Shenzhen Zhongtou Huijin Fund Management Co., Ltd. (Zhongtou Huijin) regarding the establishment of an industry fund to invest in emerging industries. The aim of this strategic cooperation is to strengthen the company's investment management, optimize the company's industry layout, drive the growth of the company's scale, quality, and efficiency, explore diverse paths for the company's future development, and create value for the company's shareholders. By introducing Zhongtou Huijin as a strategic partner, the industrial structure of the company's traditional business is expected to be optimized, achieving efficient utilization of resources. Zhongtou Huijin will rely on the company's industrial foundation to further expand its business boundaries, enhance market competitiveness, and industry influence.