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Sunwoda disclosed that its wholly-owned subsidiary, Qianhai Hongsheng, is set to collaborate with Yuanzhi Energy Storage, New Type Energy Storage, and Hong Kong and China Gas. Together, they will invest a total of 300 million yuan to establish the Shenzhen Yuanzhi Gangxin Smart Energy Industry Investment Private Equity Fund Partnership (Limited Partnership). Specifically, Qianhai Hongsheng will contribute 60 million yuan, thereby securing a 20% stake in the partnership. This fund will primarily target investments in enterprises engaged in industrial and commercial energy storage power station projects across China. The investment capital will be sourced from the company's internal funds. Moreover, this investment is not anticipated to exert a substantial negative impact on the company's present and future financial standing and operational performance.
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