On November 27, Gelonghui reported that Zhanjiang Guolian Aquatic Products (300094.SZ) announced that it held the eighth meeting of the sixth board of directors on November 26, 2024, where it reviewed and approved the proposal to participate in the investment to establish a marine industry fund, agreeing for the company to jointly invest and establish the Zhanjiang Marine No. 1 private equity investment partnership (limited partnership) with Guangdong Agriculture Supply-Side Structural Reform Fund Management Co., Ltd. (hereinafter referred to as "Agriculture Fund Management Company") and other partners (Note: subject to the name registered with the industry and commerce, hereinafter referred to as "partnership" or "fund").
The company plans to act as a limited partner and invest its own funds of 11 million yuan, accounting for 11% of the partnership's contribution (specific details subject to the actual partnership agreement signed). The fund mainly targets leading enterprises in aquatic product processing within the Guangdong Agriculture Supply-Side Structural Reform project database, focusing on investments along the upstream and downstream of the industry chain of Zhanjiang Guolian Aquatic Products Development Co., Ltd.