Maiwei shares announced that Maiwei Singapore, a wholly-owned subsidiary of the company, signed a “Subscription Agreement” with Sparkedge Energy Management Ltd., and Singapore Maiwei pledged 10 million US dollars as a limited partner to participate in the subscription of the Sparkedge Development Fund One L.P. fund share. The fund is a private equity fund registered under the Cayman Islands Private Equity Act, and the fund manager is Sparkedge Capital Management Ltd. The first phase of the fund is 50 million US dollars. Singapore Maiwei participated in the subscription of 10 million US dollars, and the remaining share will be subscribed by other partners. The fund's life period is from the date of first delivery until the 7th expiration date, and can be extended for 1 year with the approval of the Advisory Committee.

Maiwei shares announced that Maiwei Singapore, a wholly-owned subsidiary of the company, signed a “Subscription Agreement” with Sparkedge Energy Management Ltd., and Singapore Maiwei pledged 10 million US dollars as a limited partner to participate in the subscription of the Sparkedge Development Fund One L.P. fund share. The fund is a private equity fund registered under the Cayman Islands Private Equity Act, and the fund manager is Sparkedge Capital Management Ltd. The first phase of the fund is 50 million US dollars. Singapore Maiwei participated in the subscription of 10 million US dollars, and the remaining share will be subscribed by other partners. The fund's life period is from the date of first delivery until the 7th expiration date, and can be extended for 1 year with the approval of the Advisory Committee.