Visual China Group's subsidiary Beijing Huaxia plans to indirectly invest in Beijing Shengshu Technology.

Announcement from Visual China Group (000681.SZ): The company's wholly-owned subsidiary Beijing Huaxia Visual Technology Group Co., Ltd. (referred to as "Beijing Huaxia") intends to jointly invest with Beijing Huagai Chuangying Private Equity Fund Management Co., Ltd. (referred to as "Huagai Chuangying") to establish the Everlasting (Tianjin) Intelligent Technology Partnership Enterprise (Limited Partnership) (tentatively named, referred to as "Tianjin Fund"). The expected subscribed capital of Tianjin Fund is 500 million yuan, with an initial subscribed capital of 50.5 million yuan. Beijing Huaxia will serve as the limited partner of Tianjin Fund, with a subscribed investment amount of 50 million yuan, accounting for 99%, and Huagai Chuangying will serve as the general partner of Tianjin Fund, with a subscribed investment amount of 500 thousand yuan, accounting for 1%. The fund will specialize in investing in Beijing Shengshu Technology Co., Ltd.