Lake Electric: Intends to establish an investment fund with a proposed capital contribution of 100 million yuan.

Lake Electric announced that as a limited partner, the company plans to contribute 1 billion RMB of its own funds, accounting for 99.0099% of the total subscribed capital, to establish Lake Longqiao Yongying Entrepreneurship Investment Partnership Enterprise. The fund has a scale of 1.01 billion RMB and will focus on investing in enterprises in the field of high-end equipment manufacturing.