Inpais (002899.SZ) plans to jointly establish a technology sports industry investment fund with Shenzhen Dan Group.

China Fortune Finance APP News, Ingenious Sports (002899.SZ) announced that, in order to further enhance the company's industry influence and market competitiveness, support the company's strategic development, strengthen the deep integration of production and finance, the company aims to jointly establish a technology sports industry investment fund with Shenzhen Guarantee Group Co., Ltd. (referred to as "Shenzhen Guarantee Group"), Shenzhen Guangming Science City Industrial Development Group Co., Ltd. (referred to as "Guangming Science and Technology Development"), and Shenzhen Sports Industry Group Co., Ltd. (referred to as "Sports Industry Group") with the goal of mutual development and long-term cooperation. The fund is planned to have a scale of 100 million yuan, and a "Fund Cooperation Agreement" will be signed for this cooperation. The investment cooperation will follow the usual practices of private equity fund investment operations, selecting investment targets with both core technology and commercialization abilities according to market-oriented and commercial principles, to create common value for the various parties involved in the investment.