Zhengzhou Yutong Bus Co LtdYutong Bus's wholly owned subsidiary Hong Kong Shengyu will invest $100 million as a limited partner in the Lochpine Green Fund I carbon-neutral private equity fund.

Yutong Bus announced that its wholly owned subsidiary Hong Kong Shengyu plans to invest $100 million, approximately 677 million yuan, as a limited partner to subscribe to units of Lochpine Green Fund I, LP. The fund primarily invests in upstream and downstream sectors related to carbon neutrality and cutting-edge technologies, covering areas such as new lithium battery materials, green transportation, and electrification upgrades. This investment does not constitute a related-party transaction or a major asset restructuring, and does not require submission to the board of directors or shareholders' meeting for approval.
Zhengzhou Yutong Bus Co LtdYutong Bus's wholly owned subsidiary Hong Kong Shengyu will invest $100 million as a limited partner in the Lochpine Green Fund I carbon-neutral private equity fund.