EDA Group Holdings (02505) plans to invest up to 100 million yuan to establish a fund.

EDA GROUP HLDGS (02505) announced that on February 27, 2025 (after trading hours), Yinshan Investment (an indirect wholly-owned subsidiary of the company) and Xizheng Fund will enter into a fund partnership agreement for the establishment and management of a proposed fund with an initial proposed total size of RMB 200 million over the next three years. The proposed aggregate subscription of the Group will not exceed RMB 100 million, representing no more than 50% of the total subscribed capital of the fund. The fund will primarily invest in companies engaged in cross-border e-commerce innovation and still in their early or middle stages. The fund may also invest in overseas storage facilities and project companies with strategic positions and efficient operating capabilities, especially focusing on Artificial Intelligence (AI) technology and intelligent warehousing. The Board believes that the establishment of the fund will provide the Group with more opportunities to deeply engage in the cross-border e-commerce industry and enterprises, laying a foundation for future growth and creating favorable conditions for the transformation, development, and diversification of the group's business.