Securities Code: 002304 Securities Abbreviation: Yanghe Shares Announcement Number: 2026-017
Jiangsu Yanghe Brewery Joint Stock Company Announcement on Joint Investment with Professional Institutions and Related Party Transactions
The Company and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, and that there are no false records, misleading statements, or significant omissions.
I. Overview of Joint Investment with Professional Institutions and Related Party Transactions
- Overview of this Investment
Jiangsu Yanghe Brewery Joint Stock Company (hereinafter referred to as the "Company")'s subsidiary, Jiangsu Yanghe Investment Management Co., Ltd. (hereinafter referred to as "Yanghe Investment"), plans to jointly establish an equity investment fund (tentative name, subject to enterprise registration) named Suqian New Momentum Equity Investment Fund (Limited Partnership) (hereinafter referred to as the "New Momentum Fund," "Fund," or "Partnership") with Suqian Zizhou Enterprise Management Co., Ltd., Jiangsu Yanghe Group Co., Ltd. (hereinafter referred to as "Yanghe Group"), Suqian Yufeng Industrial Investment and Development Management Group Co., Ltd., Suqian Huiyuan Investment Management Co., Ltd., and Suqian Tianzhi Era Enterprise Management Co., Ltd. (hereinafter referred to as "this Investment"). The target total committed capital for the initial fundraising is RMB 1.00 billion, with a subsequent fundraising target of no more than RMB 300 million, bringing the total target committed capital to no more than RMB 1.30 billion. Among these, Yanghe Investment plans to subscribe for a 10% share as a limited partner, with its own funds not exceeding RMB 130 million. As of the date of this announcement, the fund has not yet been established.
- Explanation of Related Party Relationship
Yanghe Group is the controlling shareholder of the Company. According to the "Shenzhen Stock Exchange Stock Listing Rules" and the "Shenzhen Stock Exchange Listed Company Self-Regulatory Supervision Guidelines No. 7 - Transactions and Related Party Transactions," this transaction constitutes a related party joint investment.
- Approval Procedures
The above investment constitutes a related party transaction of joint investment between the listed company and related parties. It does not constitute a major asset restructuring as stipulated in the "Measures for the Administration of Major Asset Restructuring of Listed Companies" and does not require approval from relevant authorities. According to relevant laws, regulations, and the "Articles of Association," this investment has been reviewed and approved by the Company's President's Office Meeting and the Eighth Board of Directors' Independent Directors' Special Meeting, and does not require submission to the Company's Board of Directors or Shareholders' Meeting for deliberation.
II. Basic Information of Cooperating Parties
(I) General Partner and Executive Partner
Enterprise Name: Suqian Zizhou Enterprise Management Co., Ltd. Enterprise Type: Limited Liability Company Unified Social Credit Code: 91321311MAKBRE8Q22 Date of Establishment: April 14, 2026 Registered Capital: RMB 10 million Registered Address: Room 301-12, Block B7, Tongyuan Building, E-commerce Industrial Park, Yusu District, Suqian City, Jiangsu Province Legal Representative: Li Ruiyu Shareholder Information: Beijing Tianqiang Kuntai Investment Management Co., Ltd. holds 100% equity. Business Scope: General items: Enterprise management; enterprise management consulting; information consulting services (excluding licensed information consulting services); information technology consulting services; wholesale of computer software and hardware and auxiliary equipment; retail of computer software and hardware and auxiliary equipment; technical services, technical development, technical consulting, technical exchange, technical transfer, technical promotion; network technology services (projects subject to approval according to law shall be operated independently with business licenses).
Is it a dishonest person subject to enforcement: No Explanation of Related Party Relationship: No related party relationship
(II) Fund Manager