Shanghai Ziyan Foods' subsidiary plans to participate in the investment of Hunan Qiantai Entrepreneurial Investment Partnership Enterprise.

Shanghai Ziyan Foods (603057.SH) announced that its wholly-owned subsidiary, Hainan ZiXi Enterprise Management Consulting Co., Ltd. (referred to as "Hainan ZiXi"), has signed a partnership agreement with Hunan Qianwen Gongying Private Equity Fund Management Partnership Enterprise (Limited Partnership), Hunan Wenheyu Xiaolongxia Co., Ltd., and Li Xiaodong. The total subscribed amount of the partnership enterprise is RMB 50 million, with Hainan ZiXi as a limited partner subscribing RMB 10 million with its own funds, accounting for 20% of the total subscription amount.