Zhejiang Biyi Electric Appliance Co. Ltd.Biyi Shares plans to invest 5 million yuan in a venture capital fund, which may support its strategy but also carries investment risk; the company reported a net loss in Q1 2026.

Biyi Shares announced it plans to use its own funds of 5 million yuan to subscribe to limited partnership interests in Xiamen Xingqi Mingtu Venture Capital Partnership, becoming a limited partner of the partnership and holding a 3.3333% stake. The company stated that this investment will facilitate the effective implementation of its development strategy in emerging industries, reserve high-quality industrial resources, and increase opportunities for industrial synergy. In the first quarter of 2026, Biyi Shares achieved revenue of 549 million yuan, with a net loss attributable to the parent company of 16.51 million yuan.
Zhejiang Biyi Electric Appliance Co. Ltd.Biyi Shares plans to invest 5 million yuan in a venture capital fund, which may support its strategy but also carries investment risk; the company reported a net loss in Q1 2026.
Xiamen Xingqi Mingtu Venture Capital receives a new limited partner investment of 5 million yuan, increasing its capital base.