Liqi Intelligent: Plans to invest 25 million yuan in conjunction with professional investment institutions in Changzheng No. 5.
Rich Intelligent announced that the company intends to jointly invest with the professional investment institution China Merchants Zhiyuan Capital Co., Ltd. and other limited partners, participating as a limited partner with its own funds of 25 million RMB to subscribe to the shares of Guangdong Zhiyuan Changzheng No. 5 Venture Capital Partnership Fund. The total committed capital amount proposed by all partners of the fund is 56 million RMB, of which the companys commitment is 25 million RMB, accounting for 44.643%. This investment does not constitute a related party transaction, nor does it constitute a major asset restructuring, and does not require submission for review by the board of directors or the shareholders' meeting.
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