Zhitong Finance App News, Sunshine Insurance (06963.HK) announced that after review and approval by the board of directors on May 16, 2025, the company's subsidiary Sunshine Asset Management plans to initiate the establishment of a wholly-owned subsidiary as the fund manager and the fund manager to initiate the establishment of the Sunshine Heyuan Private Equity Investment Fund (tentative name, ultimately based on the name registered by the China Securities Investment Fund Industry Association) (pilot fund). Sunshine Life, a subsidiary of the company, plans to invest RMB 20 billion in the pilot fund share, accounting for 100% of its total sale share. The capital is to be paid in installments in accordance with the relevant legal documents of the fund. As of the date of this announcement, the fund manager and the pilot fund have not yet been established, and Sunshine Life has not entered into a relevant agreement to invest in the pilot fund.

Zhitong Finance App News, Sunshine Insurance (06963.HK) announced that after review and approval by the board of directors on May 16, 2025, the company's subsidiary Sunshine Asset Management plans to initiate the establishment of a wholly-owned subsidiary as the fund manager and the fund manager to initiate the establishment of the Sunshine Heyuan Private Equity Investment Fund (tentative name, ultimately based on the name registered by the China Securities Investment Fund Industry Association) (pilot fund). Sunshine Life, a subsidiary of the company, plans to invest RMB 20 billion in the pilot fund share, accounting for 100% of its total sale share. The capital is to be paid in installments in accordance with the relevant legal documents of the fund. As of the date of this announcement, the fund manager and the pilot fund have not yet been established, and Sunshine Life has not entered into a relevant agreement to invest in the pilot fund.