Pinming Technology: Plans to subscribe for a 49.95% stake in a private equity fund for 10.989 million yuan.

Pinming Technology announced that the company, as a limited partner, will use its own funds of 10.989 million yuan to subscribe for a 49.95% limited partnership share in Ningbo Haoxi Zhuoyue Venture Capital Partnership. The total investment in this fund is 22 million yuan, which will be specifically used to invest in a single target equity. This transaction does not constitute a related party transaction or a significant asset reorganization. Currently, the investment is still in the planning and establishment stage, the partnership agreement has not been signed, and the fund has not completed registration and filing, which presents uncertainties and potential risks, including the possibility of failing to achieve expected returns or even incurring losses.