Hengong Precision Equipment (301261.SZ) sets up a dedicated fund focusing on the humanoid Siasun Robot & Automation sector.

Hengong Precision Equipment (301261.SZ) announced that the company has jointly invested with professional investment institutions Shenzhen Anpeng Equity Investment Fund Management Co., Ltd. (referred to as "Anpeng Fund" or "Anpeng Equity") and BAIC MOTOR Group Industrial Investment Co., Ltd. (referred to as "BAIC Industrial Investment") to establish Qingdao Anpeng Director's Smart Car Entrepreneurship Investment Fund Partnership Enterprise (Limited Partnership). The returns from this external investment are still uncertain. The target total subscribed capital of Qingdao Anpeng Director's Smart Car Entrepreneurship Investment Fund Partnership Enterprise (Limited Partnership) (referred to as "Director Fund") is RMB 100 million, of which the company as a limited partner has subscribed capital of RMB 60 million, accounting for 60% of the total; Anpeng Fund as a general partner has subscribed capital of RMB 1 million, accounting for 1%; and BAIC Industrial Investment as a limited partner has subscribed capital of RMB 39 million, accounting for 39%. The initial contribution is 50% of the total subscribed amount. Recently, the partnership has completed its business registration. It is reported that the focus of the fund's investment is in the field of humanoid Siasun Robot & Automation, in line with the resource and industry chain extension needs of the various investors. The fund will primarily invest in humanoid Siasun Robot & Automation whole machines, large models, and key components of the Siasun Robot & Automation industry chain.