POCO Holding establishes new industrial investment fund with related party

Shenzhen POCO New Material Co., Ltd. (POCO Holding) has confirmed the establishment of Jiaxing Pai Pu Chun Zhi Yang Venture Capital Partnership (Limited Partnership), which completed its registration and obtained a business license on August 29, 2025. This fund, with a total registered capital of RMB 250,000,000, will focus on investments in new materials, new technologies, and advanced manufacturing in sectors such as semiconductors and artificial intelligence.

POCO Holding is a limited partner, contributing RMB 80,000,000, representing a 32% stake. Beijing Pai Pu Private Equity Fund Management Co., Ltd., a related party controlled by a director and vice general manager of POCO Holding, serves as the general partner with a RMB 1,000,000 contribution. Other partners include Beijing Yong Zheng Group Co., Ltd. (RMB 30,000,000) and Shenzhen Zhong Fu Circuit Co., Ltd. (RMB 10,000,000).

The investment aims to leverage external resources and professional investment institutions to enhance the efficiency and safety of industrial investments, seeking to achieve industrial synergy and resource complementarity with POCO Holding's existing operations. This initiative was approved by POCO Holding's board of directors and board of supervisors on August 12, 2025.