SLAC Precision Equipment co-invests in new RMB500m equity fund

Suzhou SLAC Precision Equipment Co., Ltd. (SLAC Precision Equipment) has announced its participation as a limited partner in Luoyang Ke Gai Qi Hang Equity Investment Fund Partnership, investing RMB 25m of its own capital. This co-investment aligns with SLAC Precision Equipment's strategic plan to leverage professional expertise and resources for project sourcing, aiming to enhance competitiveness and overall value. The total scale of the fund is RMB 500m.

The fund's general partners include Guoxin Guozheng Investment Management Co., Ltd. and Luoyang Guohong Capital Venture Capital Co., Ltd. Other limited partners alongside SLAC Precision Equipment are Luoyang Industrial Development Fund Partnership and Henan Zhongyu Gelin Private Equity Investment Fund Partnership, contributing RMB 170m and RMB 200m respectively. SLAC Precision Equipment's RMB 25m contribution represents 5% of the fund's total committed capital.

The investment is within the management's approval authority and does not require board or shareholder deliberation. It is not a related party transaction or a major asset restructuring. The company's controlling shareholder, actual controller, and senior management are not participating in the fund's subscription.