Gelonghui reported on December 27 that Anhui Jinhe Industrial (002597.SZ) announced that in order to fully utilize the efficiency of fund usage, optimize fund allocation, and improve capital profitability, the company plans to jointly invest with professional investment institutions such as Anhui Xinrui Management Consulting Partnership (Limited Partnership), Anhui Jinrui Investment Group Co., Ltd. (hereinafter referred to as "Jinrui Investment"), Anhui New Generation Information Technology Industry Fund Partnership (Limited Partnership), Chuzhou Ideal Industry Development Fund Co., Ltd., Laian County New Industrial Technology Investment Co., Ltd., Chuzhou Yangzi Industrial Investment Group Co., Ltd., and Chuzhou City Investment Xinchuang Asset Management Co., Ltd. to establish the Chuzhou Qijin Yixin Venture Capital Partnership (Limited Partnership) (tentative name, subject to the approval of the industrial and commercial registration authority, hereinafter referred to as "Qijin Yixin").
The total scale of the Qijin Yixin Fund is 0.8 billion RMB, of which the company, as a limited partner, will contribute 240 million RMB of its own funds, accounting for 30%. The related party Jinrui Investment will contribute 64 million RMB as a limited partner, accounting for 8%. The company, as a limited partner, does not have a veto power over major decision-making matters such as project investment and exit, and does not control the Qijin Yixin Fund.
Qijin Yixin primarily invests in the new generation of information technology industry, focusing on key areas such as integrated circuits, new displays, intelligent terminals, Industrial Internet, 5G/6G, aerospace information, Cloud Computing and Big Data, Software and Information Technology Services, quantum technology, and their upstream and downstream Industry Chain materials and equipment.