Shenzhen Senior Technology Material (06067) plans to invest 151 million yuan to participate in the establishment of an industrial fund, investing in the field of the entire new energy storage industry chain.

Shenzhen Senior Technology Material (06067) announced that the company has jointly established the Shenzhen Yuanzhi Xingyuan Entrepreneurship Investment Fund Partnership Enterprise (Limited Partnership) (tentative name, subject to final approval by the market supervision and administration authority) with Shenzhen Yuanzhi Energy Storage Private Equity Fund Management Co., Ltd. (referred to as "Yuanzhi Energy Storage"), Shenzhen Kefa Capital Private Equity Fund Management Co., Ltd. (referred to as "Kefa Capital"), Shenzhen New Energy Storage Industry Equity Fund Partnership Enterprise (Limited Partnership) (referred to as "New Energy Storage"), and Shenzhen Guangming Science City Industrial Investment Co., Ltd. (referred to as "Industrial Investment"). The fund plans to subscribe for a total of RMB 500 million, with the company as a limited partner intending to subscribe for RMB 151 million in equity with its own funds, accounting for 30.20%; limited partner Industrial Investment subscribing for RMB 98 million, accounting for 19.60%; limited partner New Energy Storage subscribing for RMB 249 million, accounting for 49.80%; general partners Yuanzhi Energy and Kefa Capital each subscribing for RMB 1 million, accounting for 0.20% each. All the above contributions are in RMB currency. Professional investment institution Yuanzhi Energy will serve as the core executive and management body of the investment fund. The partnership enterprise will mainly invest in key projects in the headquarters research and development, production, engineering application, and market expansion of the new energy storage industry chain, including projects in key areas such as materials, components, and equipment for new energy storage technologies.