Jintuo Technology (603211.SH) plans to cooperate with private equity funds to further expand investments in emerging fields.

Jintuo Group (603211.SH) announced that recently the company has signed a partnership agreement with Zhu Rui Investment to establish the "Qingdao Zhu Rui Twenty-One Entrepreneurship Investment Fund Partnership Enterprise (Limited Partnership)". In order to further expand investments in emerging fields and utilize the expertise of professional institutions, both parties will jointly contribute to the partnership enterprise. The company, as a limited partner, will contribute RMB 32.8 million, accounting for 99.9695% of the total investment, while Zhu Rui Investment, as the general partner and fund manager, will contribute RMB 10,000, accounting for 0.0305% of the total investment. The main purpose of this partnership is to ensure daily operational funding needs are met and overall investment risks are controllable.