Suzhou New District Hi-Tech Industrial (600736.SH) subsidiary intends to invest in Rongsheng Baipu Fund to expand its layout in the big health sector.

Suzhou New District Hi-Tech Industrial (600736.SH) announced that its wholly-owned subsidiary, Suzhou New District Hi-Tech Industrial Investment Management Co., Ltd. (referred to as Investment Management Company), and its affiliated party, Suzhou Jinhesheng Holdings Co., Ltd. (referred to as Suzhou Gaoxin Jin), jointly subscribed for part of the LP shares in Suzhou Su Gaoxin Rongsheng Baipu Venture Capital Partnership (Limited Partnership) (referred to as Rongsheng Baipu Fund). Among them, the Investment Management Company has subscribed for a capital contribution of 15 million yuan, and Suzhou Gaoxin Jin has subscribed for a capital contribution of 245 million yuan. It is reported that the Rongsheng Baipu Fund primarily invests in equity of unlisted enterprises in related fields such as upstream life sciences tools and services, biomedicine, medical devices, and biomanufacturing. This investment participation is beneficial for expanding the layout in the health sector, enriching the project reserve, and obtaining investment returns.