Keliyuan released a notice stating that the company plans to invest 249 million yuan, in partnership with professional institutions, to establish an energy storage fund, taking on the role of a limited partner. The fund aims to reach a total size of 2 billion yuan, with an initial fundraising goal of 500 million yuan. Its primary investment focus will be on high-quality projects within emerging energy storage scenarios, as well as the upstream and downstream sectors along the industrial chain.
This investment neither constitutes a related-party transaction nor falls within the scope of a major asset restructuring. However, prior to its official operation, the fund must obtain filing approval from the Asset Management Association of China (Note: Here, "filing approval" is used to convey the meaning of getting approval from the Asset Management Association of China for fund registration, as implied by the original Chinese term). During the investment phase, risks may arise, including the potential failure to achieve anticipated returns or challenges in effectively exiting investment projects, which could stem from decision-making errors or shifts in the industry landscape.
