Hi-Target: The total investment scale of the industrial fund has been reduced to 65 million yuan
Hi-Target announced that the total investment scale of the industrial investment fund "Guangzhou Yuanhe Hui Rui Equity Investment Partnership" it participated in will be reduced from RMB 110 million to RMB 65 million. The reduction amount will be allocated according to the contribution ratio of each partner. After the reduction, Guangzhou Panyu Industrial Investment Co., Ltd. will contribute RMB 3.6932 million, Guangzhou Yuanhe Zhichuang Equity Investment Management Co., Ltd. will contribute RMB 590,900, Guangzhou New Industry Development Fund Management Co., Ltd. will contribute RMB 5.9091 million, Guangzhou Ruibo Investment Co., Ltd. will contribute RMB 16.3977 million, Guangdong Huiqiang Development Group Co., Ltd. will contribute RMB 21.2727 million, Guangzhou Hi-Target Investment Development Co., Ltd. will contribute RMB 10.6364 million, and Guangzhou Tongbao Yixin Enterprise Management Consulting Partnership will contribute RMB 6.5 million. This reduction is beneficial for improving the capital utilization efficiency of each partner, and the returned funds will supplement the company's working capital
