Guanghe Technology participated in the establishment of the fund and completed the filing, reminding of investment risks.

In 2025, Guangzhou Guanhe Technology Co., Ltd. participated in the establishment of Jupai Hongtao Emerging Industry Venture Capital Fund as a limited partner with its own funds of 30 million yuan, accounting for 33.31% of the total subscribed capital. The relevant information was disclosed on July 23. Recently, the partnership enterprise has completed the private equity fund record-filing procedures with the Asset Management Association of China, and obtained the "Private Equity Investment Fund Record Certificate" on September 17. The manager is Nine Capital Management Co., Ltd. in Shenzhen, and the custodian is Industrial Bank Co., Ltd., with a record code of SBAG46. The company reminds that equity investment funds have a long investment cycle and low liquidity, and this investment may face risks such as long recovery period and uncertain returns. The company will strengthen management and risk control, and disclose progress in a timely manner.