Contemporary Amperex Technology, Bubugao Capital has entered into a partnership with companies like Bubble Mart. The latter increased its investment to about 4 billion.

Tianyancha's business information shows that recently, there has been a change in the business of Boyu Xin Zhi Xin Chan Equity Investment Partnership Enterprise, with the addition of Ningde Times, Tencent Industrial Investment Fund Limited in Shenzhen, Beijing Bubble Mart Cultural Creativity Limited, and others as partners. The capital contribution has increased from 2 million RMB to approximately 4 billion RMB. Boyu Xin Zhi Xin Chan Equity Investment Partnership Enterprise was established in July 2025, with Boyu Tianshu's own capital investment Limited as the managing partner, and its business scope is equity investment. The partner information shows that the partnership enterprise is now jointly funded by Boyu Tianshu's own capital investment Limited and the newly added partners mentioned above.