Xinhuanet Co.,Ltd. (603888.SH) Plans to Invest in Establishing Zhongbao Tuxin Chuang (Jiaxing) Equity Investment Partnership

Stock News11-20

Xinhuanet Co.,Ltd. (603888.SH) announced that, in line with its long-term development strategy and to further integrate and leverage the advantages of various parties, the company aims to enhance its investment returns and asset management capabilities through a professional investment team. On November 20, 2025, its wholly-owned subsidiary, Venture Capital, signed a Partnership Agreement with Jing'an Investment, Jingtou Equity, Shibei Hi-Tech, Zhongbao Investment (Shenzhen), and Zhongbao Investment. Venture Capital will participate as a limited partner in the establishment of Zhongbao Tuxin Chuang (Jiaxing) Equity Investment Partnership (Limited Partnership). The total committed capital of the partnership is RMB 221 million, with Venture Capital contributing RMB 15 million in self-owned funds as a limited partner, accounting for 6.79% of the total committed capital.

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