Dazhong Transportation invests 50m yuan in private equity fund

Dazhong Transportation (Group) Co., Ltd. is set to invest 50m yuan in Maanshan Zhongsong Jingchuang Venture Capital Partnership (Limited Partnership), representing 33.3333% of the fund’s total capital of 150m yuan. This move, approved by the company's board on October 17, 2025, aligns with the company's strategy to improve fund operation efficiency and investment profitability by leveraging professional investment institutions. The investment constitutes a related party transaction.

The fund, "Zhongsong Jingchuang," will focus on investments in semiconductors, automotive electronics, and intelligent manufacturing. Dazhong Transportation's investment uses its own funds. The transaction received unanimous approval from the board.

Potential risks highlighted include the fund's pending registration with the Asset Management Association of China, a long investment cycle with liquidity risk, and market policy changes impacting investment value. Dazhong Transportation will monitor the fund's operations and ensure transparency, safeguarding shareholder interests.