On November 3, Foshan Blue Rocket Electronics Co.,Ltd. (301348) announced its decision to withdraw from a joint investment initiative to mitigate investment risks and reduce management costs. The company had previously committed 20 million yuan in self-owned capital as a limited partner, accounting for 48.66% of the total capital commitment, and obtained a business license for the partnership.
As of the announcement date, none of the partners in Zhansu Future had made actual capital contributions. Additionally, Zhansu Future had not completed the registration process with the Asset Management Association of China nor commenced any external investment activities. Given the changing market conditions and the practical circumstances of the involved parties, the company, after careful consideration and mutual agreement with all partners, decided to terminate and exit the joint investment project.
In the first three quarters of 2025, Foshan Blue Rocket Electronics reported revenue of 518 million yuan but recorded a net loss attributable to shareholders of 26.5 million yuan.
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