According to Huitong Energy's announcement, Huide Xinyuan, a wholly-owned subsidiary of the company, plans to use 50 million yuan of its own capital to subscribe for a share of Jiaxing Hongzhuokeqing Venture Capital Partnership as a limited partner, corresponding to the initial investment ratio of 3.0285%. The fund aims to raise 3.0 billion yuan, with an initial fundraising scale of 1,651 billion yuan. It mainly invests in shares of unlisted companies. The fund manager is Beijing Hongzhuo Capital Management Co., Ltd. This investment does not constitute a related transaction or major asset restructuring, and there is no need to submit it to the company's board of directors or shareholders' meeting for review. Currently, the fund is still in the subscription stage. In the future, it is necessary to complete procedures such as approval and registration, fund industry association filing, etc. There is uncertainty about the implementation progress, and there are risks such as a long investment cycle and insufficient returns than expected.

According to Huitong Energy's announcement, Huide Xinyuan, a wholly-owned subsidiary of the company, plans to use 50 million yuan of its own capital to subscribe for a share of Jiaxing Hongzhuokeqing Venture Capital Partnership as a limited partner, corresponding to the initial investment ratio of 3.0285%. The fund aims to raise 3.0 billion yuan, with an initial fundraising scale of 1,651 billion yuan. It mainly invests in shares of unlisted companies. The fund manager is Beijing Hongzhuo Capital Management Co., Ltd. This investment does not constitute a related transaction or major asset restructuring, and there is no need to submit it to the company's board of directors or shareholders' meeting for review. Currently, the fund is still in the subscription stage. In the future, it is necessary to complete procedures such as approval and registration, fund industry association filing, etc. There is uncertainty about the implementation progress, and there are risks such as a long investment cycle and insufficient returns than expected.