Tangchen Beijian: Plans to invest 150 million yuan of its own funds in the Lishimingtang Venture Capital Fund.

Tongrentang Baijian announced that the company recently signed a partnership agreement to invest 150 million yuan in Tianjin Lishiming Tanghai River Venture Capital Partnership, holding a 22.3547% subscription ratio. The fund primarily invests in early-stage non-public companies in the fields of technology, information technology, life sciences, and consumer industries, with a targeted total subscription amount ranging from 2 billion to 2.5 billion yuan. This investment is classified as a financial investment, does not constitute a related party transaction, nor does it constitute a significant asset reorganization.