On January 8, Glonghui announced that Lihe Xing (301013.SZ) held the 11th meeting of the fourth Board of Directors on January 8, 2025, where it reviewed and approved the proposal to terminate the joint investment with professional investment Institutions and dissolve the partnership.
Since Hengze Li completed its business registration, each partner has researched industries related to the company's main Business and Global Strategy, conducted preliminary searches and investigations on potential projects. However, as of now, Hengze Li has not identified suitable investment symbols and has not actually commenced external investment activities.
In light of the changes in the current market environment, combined with the actual conditions of each partner, and based on the principle of prudent fund usage, to reduce investment risks and management costs, it has been decided, after careful consideration and friendly consultation among all partners, to terminate this joint investment and dissolve Hengze Li.
