Fuhua Shangwei announced that the company plans to jointly fund the establishment of the Gongqingcheng Tianxiang Phase 7 venture capital partnership with Sichuan Dingxiang Equity Investment Fund Co., Ltd. and Shenzhen Tiande Private Equity Fund Management Co., Ltd., with a fund pledge of 50 million yuan, of which the company pledged 40 million yuan as a limited partner, accounting for 80%. The fund focuses on new energy and new materials circuits, with Shenzhen Tiande Private Equity Fund Management Co., Ltd. as the fund manager. This investment does not constitute a related transaction or major asset restructuring, and there is no need to submit it to the shareholders' meeting for consideration. Currently, the fund is still in the preparation stage for establishment, and the partnership agreement has not yet been signed. In the future, it is necessary to complete the fund industry association filing, and there is some uncertainty about implementation.

Fuhua Shangwei announced that the company plans to jointly fund the establishment of the Gongqingcheng Tianxiang Phase 7 venture capital partnership with Sichuan Dingxiang Equity Investment Fund Co., Ltd. and Shenzhen Tiande Private Equity Fund Management Co., Ltd., with a fund pledge of 50 million yuan, of which the company pledged 40 million yuan as a limited partner, accounting for 80%. The fund focuses on new energy and new materials circuits, with Shenzhen Tiande Private Equity Fund Management Co., Ltd. as the fund manager. This investment does not constitute a related transaction or major asset restructuring, and there is no need to submit it to the shareholders' meeting for consideration. Currently, the fund is still in the preparation stage for establishment, and the partnership agreement has not yet been signed. In the future, it is necessary to complete the fund industry association filing, and there is some uncertainty about implementation.