Hongchang Technology: The company’s indirect investment in "Zhang Xue Locomotive" has a minimal impact on the company.

MetaMuskRat · 2026-04-02T07:42:34+00:00

Hongchang Technology announced that due to Zhang Xue Motorcycle winning the championship in the WSBK event, market attention has been drawn to the company's indirect investment projects. The company invested in Jinyi Zhichuang Fund, with a committed contribution of 150 million yuan, holding a 5.5046% stake in Zhang Xue Motorcycle. The investment is purely financial in nature and has minimal impact.

MetaMuskRat

2026-04-02 07:42:34

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People’s Finance News, March 31—Hongchang Technology (301008) issued an announcement on March 31 regarding abnormal stock trading price fluctuations. The company noted that, in recent reports from public media, there has been a large amount of coverage about “Zhang Xue’s motorcycle” winning the World Superbike Championship (WSBK) Portugal round in the WorldSSP class, which has drawn significant market attention and reports on the company’s indirect investment in “Zhang Xue’s motorcycle.”

The company provides the following explanation regarding this matter: In August 2025, the company, together with other partners, invested in Jinhua Zhechuang Jinyi Intelligent Control Venture Capital Partnership (Limited Partnership) (hereinafter referred to as “Jinyi Zhichuang Fund”) as a limited partner. The total subscribed contribution amount was 503 million yuan. The company subscribed for a contribution of 150 million yuan using its own funds, representing a contribution proportion of 29.82%.

Jinyi Zhichuang Fund completed its investment in Chongqing Zhangxue Motorcycle Industry Co., Ltd. in January 2026 and completed the industrial and commercial change in March 2026. After the investment was completed, the fund held 5.5046% equity in Zhangxue Motorcycle.

This investment by the company is a financial investment, and it will have little impact on the company.

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