Zongheng Communications announced that in 2018, the company used 20 million yuan of its own capital to subscribe for Huagai Hongqi's share investment partnership in the Ningbo Meishan Bonded Port Area. As of the disclosure date of the announcement, allocations of 1.479,500 yuan had been received, and the remaining principal amount was 18.6814 million yuan. Since the withdrawal of the invested project was not completed, the company agreed to extend the partnership period for 2 years until April 25, 2027, and no fund management fee will be charged during this period. The matter has yet to be resolved by a partner meeting. There is uncertainty, and the company will closely monitor the progress and disclose it in a timely manner.

Zongheng Communications announced that in 2018, the company used 20 million yuan of its own capital to subscribe for Huagai Hongqi's share investment partnership in the Ningbo Meishan Bonded Port Area. As of the disclosure date of the announcement, allocations of 1.479,500 yuan had been received, and the remaining principal amount was 18.6814 million yuan. Since the withdrawal of the invested project was not completed, the company agreed to extend the partnership period for 2 years until April 25, 2027, and no fund management fee will be charged during this period. The matter has yet to be resolved by a partner meeting. There is uncertainty, and the company will closely monitor the progress and disclose it in a timely manner.