Boss Electric announced that the company plans to participate in the investment of Hengdian Baihui Venture Capital Partnership as a limited partner and pledged 110 million yuan of capital with its own funds, accounting for 6.67% of the total investment pledged by the fund. The fund has a target subscription scale of 1,650 billion yuan. Hengdian Capital acts as the manager and general partner. It mainly invests in high-tech enterprises with high growth potential, and lasts for 12 years, including an investment period of 8 years and an exit period of 4 years. This investment does not constitute a related transaction or major asset restructuring, does not need to be submitted to the board of directors and shareholders' meetings for consideration, and will not add to the scope of the company's consolidated statements.

Boss Electric announced that the company plans to participate in the investment of Hengdian Baihui Venture Capital Partnership as a limited partner and pledged 110 million yuan of capital with its own funds, accounting for 6.67% of the total investment pledged by the fund. The fund has a target subscription scale of 1,650 billion yuan. Hengdian Capital acts as the manager and general partner. It mainly invests in high-tech enterprises with high growth potential, and lasts for 12 years, including an investment period of 8 years and an exit period of 4 years. This investment does not constitute a related transaction or major asset restructuring, does not need to be submitted to the board of directors and shareholders' meetings for consideration, and will not add to the scope of the company's consolidated statements.