Zhejiang Digital Culture announced that the company plans to pledge 44 million yuan to participate in the Hengdian Baihui Venture Capital Partnership as a limited partner, accounting for 2.67% of the total amount of capital pledged by the fund. The total subscription scale of the fund is 1,650 billion yuan. Hengdian Capital is the general partner and fund manager, and the investment direction is in the high-tech sector with high growth. This transaction does not constitute a related transaction or major asset restructuring, and there is no need to submit it to the board of directors or shareholders' meeting for consideration. Currently, the fund is still in the capital increase subscription stage, and there is uncertainty about subsequent commercial and commercial changes, filings, and investment income.

Zhejiang Digital Culture announced that the company plans to pledge 44 million yuan to participate in the Hengdian Baihui Venture Capital Partnership as a limited partner, accounting for 2.67% of the total amount of capital pledged by the fund. The total subscription scale of the fund is 1,650 billion yuan. Hengdian Capital is the general partner and fund manager, and the investment direction is in the high-tech sector with high growth. This transaction does not constitute a related transaction or major asset restructuring, and there is no need to submit it to the board of directors or shareholders' meeting for consideration. Currently, the fund is still in the capital increase subscription stage, and there is uncertainty about subsequent commercial and commercial changes, filings, and investment income.