GUOXIA TECH to Invest 200 Million Yuan in Industry Fund for New Energy Sector

Stock News05-22

GUOXIA TECH (02655) announced that on May 22, 2026 (after trading hours), the company, as a limited partner, entered into a partnership agreement with the general partner, among others, regarding the operation and management of a fund in which the company and other limited partners intend to invest as limited partners, as well as the rights and obligations of the fund's limited and general partners. According to the partnership agreement, the company has committed a total of 200 million yuan in capital to the fund. The company's contribution through the subscription will be funded from its internal resources. The fund, named Kaibo Gongchuang (Hubei) Equity Investment Fund Partnership (Limited Partnership), aims to raise a total subscription amount of approximately 5 billion yuan in cash. By the initial closing date, the total capital commitment of the fund will be 1.6 billion yuan, to be paid in cash by the company and the limited partners according to their respective capital commitments and the terms of the partnership agreement. The partnership will primarily invest in the new energy battery industry supply chain and other emerging industry projects, including sub-funds, projects, equity in unlisted companies established or operating in China or with significant connections to China, or private placements of shares in listed companies and other types of equity.

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