Recently, the Chongqing Guangyu Zhilian Private Equity Investment Fund Partnership (Limited Partnership) was officially established with a capital commitment of RMB 110 million, primarily focusing on equity investments via private equity funds. This venture is a collaborative effort between Guangzhou Automobile Group Capital Co., Ltd., a wholly-owned subsidiary of Guangzhou Automobile Group Co., Ltd., and other partners. The establishment of this fund aims to facilitate Guangzhou Automobile Group's expansion in related investment sectors and foster coordinated industry growth.