Sanfang Lane: Participate in subscribing to investment fund shares, contributing 10 million RMB.

The notice of Three Rooms Alley states that the company, as a limited partner, will subscribe RMB 10 million with its own funds to subscribe for a 50.00% share of the Xiamen Shan Shi Zhuo Ran Yi Hao Venture Capital Fund. The partnership still needs to complete the registration with the China Securities Investment Fund Industry Association and change registration with the Industry and Commerce Administration, and there may be uncertainties in the implementation process. Due to the long investment cycle and low liquidity of the partnership, this investment may face a long investment return period. During operation, the partnership will be affected by various factors such as the macro economy, industry cycles, market changes, and the operational situation of the investment targets, and there is a risk that the investment projects may not achieve expected returns or fail.