Xinhuanet subsidiary invests in new equity partnership

Xinhuanet Co., Ltd. announced that its wholly-owned subsidiary, Xinhuanet Venture Capital Co., Ltd., has partnered with several other entities to establish Zhongbaotou Xinsi Chuang (Jiaxing) Equity Investment Partnership (Limited Partnership). The agreement, signed on November 20, 2025, sees Xinhuanet Venture Capital as a limited partner, committing RMB 1,500万元 of its own capital. This contribution represents 6.79% of the partnership's total subscribed capital, which amounts to RMB 22,105.050505万元.

The new partnership aims to leverage professional investment management to enhance Xinhuanet's investment returns and asset management capabilities. The fund has a projected lifespan of 10 years, with the first two years designated as the investment period and the remaining as the exit period. The investment will primarily target equity/shares in Shanghai Silang Technology Co., Ltd., a company that has not yet completed its initial public offering as of the agreement date.

The investment is considered a long-term strategic move for Xinhuanet, utilizing its own funds without impacting normal operations or causing significant adverse effects on its financial position. However, potential risks include regulatory uncertainties, market fluctuations, and the long investment cycle characteristic of such funds.