Gehua Cable announced that as a limited partner, it will contribute 200 million yuan of its own funds to subscribe for shares in Hangzhou Junlian Liangdao Equity Investment Partnership, accounting for 4.16% of the partnership's total committed capital. The fund is managed by Legend Capital, with investment directions in advanced manufacturing, technology and services, healthcare, and other sectors. This investment does not constitute a related-party transaction and does not require review by the board of directors or shareholders' meeting.
Beijing Gehua CATV Network Co LtdGehua Cable invests 200 million yuan as LP in Legend Capital's fund, a capital allocation decision with uncertain returns.