A subsidiary of Ningde Times (03750) plans to participate in investing in the Xiamen Times Shenzhen Venture Capital Fund Partnership (limited partnership)

Zhitong Finance App News, Ningde Times (03750) announced that the company's subsidiary Fujian Mindong Era Rural Investment and Development Partnership (Limited Partnership) (“East Fujian Era”) signed the “Partnership Agreement for Xiamen Era Venture Capital Investment Fund Partnership (Limited Partnership)” with partners such as Xiamen Puquan Private Equity Fund Management (“Xiamen Puquan”) and Zijin Mining Equity Investment Management (Xiamen) Co., Ltd. on September 15, 2026. The company's subsidiary Mindong Times intends to participate as one of the limited partners “” The Xiamen Era “Shenyuan Venture Capital Fund Partnership (Limited Partnership)” (“fund” or “partnership” for short). The amount of capital pledged during the Eastern Fujian Era was RMB 500 million, and the pledge ratio of the holding fund was 10.2041%.

The company participated in this investment as a limited partner through the subsidiary Mindong Times, mainly using market-based mechanisms, combining the advantages of professional investment institutions to expand the company's layout in the fields of artificial intelligence, intelligent industrial application and science and innovation, and expand investment channels through market-based professional investment management teams, explore business cooperation and development opportunities, and obtain reasonable investment returns, which is in line with the company's development and shareholders' interests.