Vision China (000681.SZ) subsidiary Beijing Huaxia plans to indirectly participate in Beijing Shengshu Technology

Zhitong Finance App News, Vision China (000681.SZ) announced that Beijing Huaxia Vision Technology Group Co., Ltd. (“Beijing Huaxia”), a wholly-owned subsidiary of the company, plans to jointly fund the establishment of an enduring (Tianjin) intelligent technology partnership (limited partnership) (tentative name, “Tianjin Fund”). The Tianjin Fund is expected to have a pledge size of 500 million yuan, with an initial pledge of 50.5 million yuan. Of these, Beijing Huaxia is the limited partner of the Tianjin Fund, with a pledged capital of 50 million yuan, accounting for 99%. Huagai Chuangying is the general partner of the Tianjin Fund, with a pledged capital of 500,000 yuan, accounting for 1%. The fund makes a special investment in Beijing Shengshu Technology Co., Ltd.