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

Deep News
05/24

GUOXIA TECH (02655) announced that on May 22, 2026 (after trading hours), the company (acting as a limited partner) entered into a partnership agreement with, among others, the general partner. The agreement pertains to the operation and management of a fund in which the company and the limited partner intend to invest as limited partners, as well as the rights and obligations of the fund's limited partners and general partners. According to the partnership agreement, the company has committed a total of RMB 200 million to the fund. The capital contribution for the subscription will be funded from the company's internal resources.

The fund, named Kaibo Gongchuang (Hubei) Equity Investment Fund Partnership (Limited Partnership), aims to raise total subscription funds of approximately RMB 5 billion in cash. By the initial closing date, the total capital commitment to the fund will be RMB 1.6 billion, to be paid in cash by the company and the limited partner 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 non-listed 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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