Wuhan East Lake High-tech invests in new Xianning Donggao Industrial Fund

Wuhan East Lake High Technology Groupe (the "Company") announced further progress in its investment in the Xianning Donggao Industrial Investment Fund Partnership, a fund with a total scale of RMB 500 million. The Company is set to contribute RMB 200 million as a limited partner, while its wholly-owned subsidiary, Wuhan East Lake High-tech Equity Investment Management Co., Ltd., will contribute RMB 50 million as a general partner.

On November 6, 2025, the Company, its subsidiary, Xianning Gaoxin Capital Operation Co., Ltd., and Xianning Gaoxin Industrial Development Co., Ltd. officially signed the "Xianning Donggao Industrial Investment Fund Partnership Agreement." The fund's operational period is 10 years, starting from the issuance of its business license. The agreement includes a "return on investment" clause, mandating that a certain percentage of investments target parks managed by Xianning City or its affiliates, with at least 30% of paid-in capital directed towards East Lake High-tech Group parks or companies planning to enter them.

The fund's distribution principles prioritize returning principal before profit, followed by a 6% annualized simple interest threshold. Excess profits are then distributed, with 20% going to the manager and the remaining 80% to all partners based on their paid-in capital. As of the announcement date, the fund is still in the planning and fundraising stages, with actual capital contributions and timing subject to adjustment based on payment notices.