Huazhong IN-V (06830): Established a partnership enterprise focusing on investments in emerging productivity, new energy, new materials, consumer goods, and health care fields.
HuaZhong Car (06830) announces that on September 1, 2025, (i) Ningbo HuaZhong (an indirect wholly-owned subsidiary of the Company); (ii) Ningbo Yangming; and (iii) Ningbo Gongyun (each as limited partners); and (iv) Ningbo Xintao (as a general partner) have entered into a partnership agreement to establish a partnership enterprise. The total capital contribution of all partners of the partnership enterprise is RMB 100 million, with RMB 50 million contributed by Ningbo HuaZhong. Ningbo Xintao will serve as the manager of the partnership enterprise. The partnership enterprise will focus on investments in emerging productivity, new energy, new materials, consumer goods, health care, or other industries approved by the partners' meeting. The partnership enterprise will make investments through equity investments.
Huazhong IN-V (06830) announced that on September 1, 2025, (i) Ningbo Huazhong (an indirectly wholly-owned subsidiary of the Company); (ii) Ningbo Yangming; and (iii) Ningbo Gongyun (each as limited partners); and (iv) Ningbo Xintao (as a general partner) have entered into a partnership agreement to establish a partnership enterprise. The total capital contribution of all partners in the partnership enterprise is RMB 100 million, of which RMB 50 million will be contributed by Ningbo Huazhong. Ningbo Xintao will serve as the manager of the partnership enterprise. The partnership enterprise will focus on investing in emerging productivity, new energy, new materials, consumer goods, healthcare, or other industries approved by the partners' meeting. The partnership enterprise will make investments through equity investments.
The Company has chosen to participate in the establishment of the partnership enterprise because it will invest in innovative companies focused on emerging productivity, new energy, new materials, consumer goods, and healthcare, thereby building a stable industrial ecosystem. This strategy will nurture innovative technologies, expand the company's business scope, and enhance its influence on upstream and downstream entities. In addition, the Company expects to receive substantial returns through the increase in the equity value and dividends from its investment in the partnership enterprise.
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