Jinchun Shares (300877.SZ): Plans to Cooperate with Professional Investment Institutions to Invest in and Establish a Partnership Enterprise

Gelonghui, March 10 — Jinchun Co., Ltd. (300877.SZ) announced that the company plans to jointly establish Qingdao Yunde Venture Capital Partnership (Limited Partnership) with professional investment institutions Shanghai Hongfu Private Fund Management Co., Ltd. (referred to as “Hongfu Private”) and other limited partners. The tentative name of the partnership is subject to final approval by the administrative authority. The partnership’s scale is RMB 58.1 million, of which the company will contribute RMB 15 million using its own funds. After its establishment, Hongfu Private will serve as its general partner/executive partner and act as the fund manager. The main investments will target growth-stage, mature, and pre-IPO companies, as well as companies planning to go public or with plans for board transfer, or those with clear acquisition intentions. The partnership focuses on high-quality targets in emerging industries such as frontier technology, next-generation information technology, high-end manufacturing, and healthcare, as well as leading targets in mature industries with market competitiveness. Emerging industries will be identified by the executive partner or the fund manager based on relevant policies and market conditions.