KingClean Electric advances private equity fund investment
KingClean Electric Company Limited announced the progress of its investment in the "Gongqingcheng Jintang Venture Capital Partnership (Limited Partnership)." The company's 20 million yuan capital contribution represents 62.4025% of the fund's total target capital of 32.05 million yuan. This investment seeks to leverage professional investment expertise to explore new growth avenues and enhance KingClean Electric's competitive edge.
The partnership, which focuses on equity investments, primarily targets Shenzhen Yunbao Intelligent Co., Ltd. and its future listed entities. As of December 2, 2025, the fund has completed its industrial and commercial registration and obtained a business license. However, it is still awaiting registration with the Asset Management Association of China, indicating ongoing procedural steps.
KingClean Electric emphasizes that this investment, funded by its own capital, is within controlled risks and is not expected to significantly impact the company's daily operations or financial health. The company will bear limited liability for the partnership's debts up to its recognized capital contribution. Investors are cautioned about potential risks, including the fund's long investment cycle, policy changes, economic fluctuations, and the possibility of investment failure.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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