Hengdian Group DMEGC Magnetics (002056.SZ) plans to increase the size of the Dongci Fund by 300 million yuan.

Hengdian Group DMEGC Magnetics (002056.SZ) announced that in order to further invest in high-quality projects around the company's industry upstream and downstream, to help extend and expand business and industrial chain, and improve the company's investment layout in the upstream and downstream industries, based on the reserve of planned investment projects, the company is planning to sign a "Supplementary Agreement to the Partnership Agreement" with Hengdian Capital to increase the size of Dongci Fund by 300 million yuan and adjust some terms according to operational needs. In this round, Hengdian Capital will contribute 13 million yuan, accounting for 4.33% of the new shares; Hengdian Group DMEGC Magnetics will contribute 287 million yuan, accounting for 95.67% of the new shares. After this increase in contribution, the fund's total shares will ultimately be contributed by Hengdian Capital with 15 million yuan, accounting for 3% of the total shares; Hengdian Group DMEGC Magnetics will contribute 485 million yuan, accounting for 97% of the total shares. After the company expands the size of the Dongci Fund, Hengdian Capital and the company will timely promote the investment landing of reserve projects. The investment direction will focus on artificial intelligence, the fusion of magnetic materials and semiconductors, high-end materials, new energy, energy storage technology, etc. They will also combine equity investment with other industrial funds managed by Hengdian Capital or independent investment of the Dongci Fund. Through fund investment, it will leverage the company's advanced technology and advantageous position in the field of magnetic materials and new energy to achieve synergistic development with the upstream and downstream industries, in line with the company's strategic direction of "strengthening magnetism, developing new energy", and improving the company's overall competitiveness.