Rotation Information: Termination of Investment in the Tian Di Yi Tai Digital Industry Development Fund.

date
04/08/2025
Announcement of Xuanji Information: The company has decided on April 21, 2023, to jointly establish the Tian Di Yi Ti Digital Industry Development Fund partnership enterprise with Tianjin Binhai New Area Construction Investment Equity Investment Fund Management Co., Ltd., Tianjin Zhongtou Investment and Development Co., Ltd., and Ningbo Tongxi Asset Management Co., Ltd. The initial size of the fund shall not exceed 605 million yuan, with the company contributing 70 million yuan, accounting for 11.57% of the shares. Due to significant changes in the objective circumstances of the fund project and the fact that none of the partners have actually contributed, it has been decided to terminate the investment and dissolve the fund. This termination of investment will not have a substantial impact on the company's production and operation or financial condition.