Gelonghui, September 12.002144.SZ announced that in order to seize the development opportunities of the new energy vehicle industry, improve the efficiency of the use of the company's own funds, and strengthen the company's links with the new energy vehicle industry chain. Hongda Hi-Tech Holdings Co., Ltd. plans to buy 51 million yuan (the same below) limited partner share of Jiaxing Dixin Venture Capital Partnership (limited partnership) (hereinafter referred to as "Jiaxing Dixin") which is subscribed by the related party Hongda Holdings Group Co., Ltd. (referred to as "HTC Group") but has not actually contributed. After that, the company will actually contribute to this part of the subscription share of 51 million yuan. Jiaxing Dixin is a single-purpose fund set up specifically for the completion of this foreign investment, and plans to purchase part of the equity of a leading company in the domestic automotive semiconductor industry from an independent third party for no more than 200 million yuan.

According to the partnership agreement to be signed, the company's capital contribution of 51 million yuan includes an one-time payment of 1 million yuan in management fees to Hangzhou Hongda Junhe Asset Management Co., Ltd. (hereinafter referred to as "HTC Junhe"), the executive partner and related party of Jiaxing Dixin. The remaining 50 million yuan is the actual investment of the project.