Su Changchai A: plans to invest 30 million yuan to establish an equity investment fund.

Su Changchai Announced that they plan to establish the Changzhou Changtou Xinhui No.1 Equity Investment Fund with a total scale of 70 million RMB, with Changzhou Housheng Investment Co., Ltd. as a limited partner, contributing 30 million RMB and holding hands with the controlling shareholder Changzhou Investment Group Co., Ltd. and Changzhou Xinhui Private Equity Fund Management Co., Ltd. The fund will focus on investing in advanced manufacturing projects, with a key focus on high-end manufacturing, intelligent agricultural machinery, new energy, new power, and other strategic emerging industries and future industries.