Kuang Shi Fangxiang (01925) subsidiary redeemed an additional fund share of 30 million yuan

According to Zhitong Finance App, Kuang Shifangxiang (01925) issued an announcement. Following the first redemption, Ningbo Kuangshi, an indirect wholly-owned subsidiary of the company, issued a written notice to the fund manager to redeem part of its interests in the fund (Jihai Zhize Panshi Private Equity Investment Fund). The proceeds from the second redemption transaction were RMB 30 million.