State Power Rixin Technology (301162.SZ) intends to participate in investing in the establishment of an industry fund to explore high-quality projects in the new energy industry chain.

State Power Rixin Technology (301162.SZ) announced that, in order to promote the sustainable development of the company, they will leverage the professional resources and investment management advantages of professional investment institutions to explore high-quality projects in the new energy industry chain. This will help to achieve asset preservation and appreciation for the company, while also strengthening the synergy of the industry chain and expanding the market for the company's new energy information technology, asset operation, and other related businesses. Without affecting the company's daily operations and development, and effectively controlling investment risks, the company recently partnered with Shenzhen Xinrong and Taibao Xinhui to establish the Chengdu Guangyi Equity Investment Fund Partnership Enterprise (Limited Partnership) and signed the Chengdu Guangyi Equity Investment Fund Partnership Enterprise (Limited Partnership) Partnership Agreement. The total amount of the initial capital contribution for the industrial fund is RMB 200 million. The company, as a limited partner, plans to make a capital contribution of RMB 50 million from its own funds, accounting for 25% of the total initial capital contribution of the industrial fund.