I. Situation of Investment with Specialized Investment Institutions
(1) Basic Situation
To meet the development needs of Anhui Jialiqi Advanced Composite Materials Technology Co., Ltd. (hereinafter referred to as "the Company"), the Company intends to participate as a limited partner with a capital contribution of CNY 2.5 million in the XuZhou High-tech Zone New Momentum Venture Capital Partnership (Limited Partnership) (hereinafter referred to as "the Fund"). The Fund aims to support innovative technologies, new energy, and advanced manufacturing industries, with a total expected capital contribution of CNY 25 million, of which the Company will hold a 10% share.
(2) Relevant Matters and Other Explanations
The general partner of the Fund is XuZhou New Momentum Venture Capital Management Co., Ltd. (hereinafter referred to as "the General Partner"). The General Partner is responsible for the management of the Fund and will ensure compliance with relevant laws and regulations. The Company will not participate in the management of the Fund.