Gelonghui, May 20 | Lianfa Co., Ltd. (002394.SZ) announced that the company plans to jointly invest with Mr. Kong Lingguo and Shenzhen Feihuang Investment Partnership (Limited Partnership) (“Feihuang Investment”) to establish Shenzhen Zhenfeng Private Equity Fund Management Co., Ltd. (hereinafter referred to as “Zhenfeng Fund”, subject to the name finally approved for registration by the Industrial and Commercial Registration Authority). In the future, Zhenfeng Fund will mainly act as a private equity fund manager. Currently, it has not been registered and established by the Administration for Industry and Commerce, and has not yet been registered as a private equity fund manager by the China Securities Investment Fund Industry Association. The registered capital of Zhenfeng Fund is 20.3 million yuan, of which the company plans to invest 8 million yuan, accounting for 39.41% of the registered capital; Mr. Kong Lingguo plans to invest 6 million yuan, accounting for 29.56% of the registered capital; and Feihuang Investment plans to invest 6.3 million yuan, accounting for 31.03% of the registered capital.