Xin Hee Co LtdWholly-owned subsidiary exits Borui Hengchang fund and recovers its 10 million yuan investment, reducing risk and management costs with no significant financial impact.

Xin Hee Co., Ltd. announced on September 2, 2026, that its wholly-owned subsidiary, Xiamen Xin Hee Tengying Investment Co., Ltd., has decided to exit the fund shares it subscribed to in Xiamen Borui Hengchang Venture Capital Partnership, and has fully recovered its investment of 10 million yuan. Previously, Xin Hee Tengying, as a limited partner, contributed 10 million yuan to subscribe to Borui Hengchang fund shares, accounting for 16.58% of the total subscribed capital. As the special-purpose fund was unable to complete the agreed investment matters, the company decided to exit in order to reduce investment risk and management costs. The company stated that this exit does not require review by the board of directors or shareholders' meeting, does not constitute a related-party transaction or major asset restructuring, and will not have a significant impact on its financial condition or production and operations.
Xin Hee Co LtdWholly-owned subsidiary exits Borui Hengchang fund and recovers its 10 million yuan investment, reducing risk and management costs with no significant financial impact.
Xin Hee Tengying exits its 16.58% fund stake and fully recovers its 10 million yuan investment to cut risk and management costs.
The Borui Hengchang fund loses its limited partner as Xin Hee Tengying exits because the fund could not complete its agreed investments.