Cybrid Technologies invests in private equity fund focused on intelligent autos

Suzhou Cybrid Applied Technology Co., Ltd. (Cybrid Technologies) announced its participation as a limited partner in the Suzhou Yuguang Zhichuan Venture Capital Partnership (Limited Partnership), a private equity fund. The company will invest 5 million yuan of its own funds, acquiring a 2.7431% stake in the fund. Shanghai Haichuan Private Equity Fund Management Co., Ltd. will serve as the general partner of the fund, which will primarily target projects and enterprises in the intelligent automotive and new energy fields.

The fund, with a total committed capital of 18,227.27 million yuan, is structured as a limited partnership and was established on July 14, 2025. Its initial duration is set for seven years from the first closing date. The investment decision does not require approval from Cybrid Technologies' board of directors or shareholders and does not constitute a related party transaction or a major asset restructuring.

Cybrid Technologies expects this strategic investment to diversify its investment channels and leverage professional management to enhance capital efficiency. The company acknowledges the inherent risks of long investment cycles and limited liquidity associated with private equity funds, including potential underperformance and exit challenges due to macroeconomic and regulatory factors. It will closely monitor the fund's operations to mitigate risks and adhere to disclosure requirements.