Gcl Energy Unit Commits 100 Million Yuan to Emerging Tech Venture Fund

Stock News09-08

Gcl Energy Technology Co.,Ltd. (002015.SZ) has announced that its wholly-owned subsidiary, Xinyilai (Suzhou) Industrial Investment Co., Ltd., will participate as a limited partner in a newly established investment fund.

The subsidiary recently signed a partnership agreement alongside the general partner, Tianjin Lishi Mingtang Enterprise Management Consulting Partnership (Limited Partnership), and other limited partners to subscribe for fund units using its own funds.

Under the agreement, the unit will contribute a total of 100 million yuan to acquire a stake in the Tianjin Lishi Xingshen Equity Investment Partnership (Limited Partnership), referred to as "Lishi Xingshen." The fund has set an initial fundraising target of 1.74 billion yuan and will primarily focus on investments in emerging technology sectors.

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