On July 24th, Gelunhui reported that in order to implement the company's 14th Five-Year Plan strategic plan and build a "one-body, two-wing" development pattern, promote the company's sustainable development, and lay out the important areas of "green transportation" and "smart transportation", the company Signed the "Wuhu Xinyuan Xinzhe Venture Capital Fund Partnership Enterprise (Limited Partnership) Partnership Agreement" with Ningbo Xinda Hanshi Investment Management Co., Ltd. (hereinafter referred to as "Xinda Hanshi") and other companies, and plans to jointly invest and establish the Wuhu Xinyuan Xinzhe Venture Capital Fund Partnership (Limited Partnership) (hereinafter referred to as the "partnership enterprise" or "Wuhu Xinyuan Xinzhe Fund"). The scale of the Wuhu Xinyuan Xinzhe Fund is 289.88 million yuan, of which the company subscribes for 44.58 million yuan with its own funds as a limited partner and holds approximately 15.38% of the partnership shares of the partnership enterprise.
According to the "Stock Listing Rules of the Shenzhen Stock Exchange", the "Shenzhen Stock Exchange's Self-Discipline Supervision Guidelines No. 7-Transactions and Related Transactions", the "Company Articles of Association" and other related regulations, this investment does not need to be submitted to the company's board of directors and Shareholders' meeting for review. This investment constitutes a joint investment with professional institutions, does not constitute a related party transaction, nor does it constitute a major asset restructuring as stipulated in the "Measures for the Administration of Major Asset Restructuring of Listed Companies".