Ningde Times (300750.SZ) plans to invest 400 million yuan to participate in Shanghai Times Chenyuan Venture Capital Partnership

Zhitong Finance App News, Ningde Times (300750.SZ) issued an announcement. The company signed the “Shanghai Times Chenyuan Venture Capital Partnership (Limited Partnership) Partnership Agreement” with partners such as Xiamen Puquan Private Equity Fund Management Partnership (Limited Partnership) (hereinafter referred to as “Xiamen Puquan”) and Guizhou Guiyang Big Data Science and Technology Innovation City Industrial Development Investment Fund Partnership (Limited Partnership)” on October 13, 2026. As one of the limited partners, the company participated in the investment “Shanghai Times Chenyuan Venture Capital Partnership (Limited Partnership)” (business name). shall prevail (hereinafter referred to as “fund” or “partnership”). The amount of capital pledged by the company is RMB 400 million, and the pledge ratio of the holding fund is 26.64%.

The company participated in this investment as a limited partner, mainly through market-based mechanisms, combined with the advantages of professional investment institutions to expand the company's layout in the fields of new energy and future energy, the intersection of artificial intelligence and new energy industries, and the digital and intelligent upgrading of the new energy industry, and expand investment channels through market-based professional investment management teams, explore business cooperation and development opportunities, and obtain reasonable investment returns, which is in line with the company's development and shareholders' interests.