North High-tech Zone: Plans to participate in the establishment of a venture capital fund with 22.455 million yuan.

The announcement from North High-Tech stated that the company plans to jointly establish a venture capital partnership in Shanghai with Jingtou Equity and Subin Investment, with a total capital commitment of 45 million yuan. The company, as a limited partner, will commit 22.455 million yuan of its own funds, accounting for 49.90%. This transaction does not constitute a related party transaction or a major asset restructuring, and has been approved by the board of directors. The fund specializes in investing in equity projects of innovative enterprises with a duration of 7 years. However, the fund will need to complete the filing process in the future, and there are uncertainties in the implementation process, so investors should be aware of the risks.