Shengyuan Environmental Protection revealed on an interactive platform that the company has made an indirect investment in Moore Threads. This was achieved by subscribing to RMB 300 million worth of fund shares in the Zhongyuan Qianhai Equity Investment Fund (Limited Partnership). As stipulated in the fund's partnership agreement, the fund boasts an eight-year operational lifespan and is currently in the inaugural year of its redemption phase. The specific investment returns will be classified under non-recurring gains and losses. For further details, kindly stay tuned to the company's forthcoming announcements.
