
WEIHONG: Plans to invest no more than 100 million yuan to establish a partnership
WEIHONG announced that the company plans to invest no more than RMB 100 million as a limited partner to jointly establish the Jiaxing Hongpu Intelligent Manufacturing M&A Private Equity Fund Partnership with Shanghai Hongpu Private Fund Management Co., Ltd. The fund focuses on investing in technology-driven enterprises within the intelligent manufacturing industry chain. This investment aims to expand business areas, integrate resources, and enhance the company's competitiveness, and does not constitute a major asset restructuring, thus requiring no approval from relevant authorities. The fund's duration is 8 years and can be extended. The investment direction is technology-driven enterprises related to the intelligent manufacturing industry chain. The company will monitor the operation during the investment process to prevent risks and ensure the safety of investment funds

