WENGE AI (01956) plans to establish a fund with Guoke Xizi and Keqiao Jinkai, focusing on high-quality enterprises within the upstream and downstream ecosystem of decision intelligence business.

WENGE AI (01956) announced that on August 14, 2026, the company (as a limited partner) will enter into a partnership agreement with Guoke Xizi (as the general partner and an independent third party) and Keqiao Jinkai (as a limited partner and an independent third party) to establish a fund with a total investment of RMB 300 million. The company intends to subscribe for a total capital contribution of RMB 177 million, accounting for 59.0% of the total fund investment. The fund will focus on high-quality enterprises within the upstream and downstream ecosystem of the companys decision intelligence business, including enterprise-level data infrastructure, industry models, intelligent agents, AI security, AI4Science, and industrial decision systems. The companys participation as a limited partner in the fund aims to complement and reinforce the industrial synergy initiatives of the groups main decision intelligence business, rather than indicate a shift in the company's strategic focus towards financial investment. Through the fund, the group will gain access to high-quality enterprises in its own decision intelligence business ecosystem, including enterprise-level data infrastructure, industry models, intelligent agents, AI security, AI4Science, and industrial decision systems, thereby promoting synergies closely aligned with the group's core business and obtaining potential investment returns related to it. By co-investing with the general partner and other market-oriented and state-owned investors, the company will be able to leverage the professional investment management capabilities of the fund managers while committing a moderate amount of capital. The board believes that the proposed establishment of the fund aligns with the groups long-term development strategy and is overall beneficial to the company and its shareholders. The company believes that its participation in the proposed establishment of the fund is consistent with its overall investment strategy, which emphasizes sustainable long-term returns, prudent capital allocation, and rigorous risk management. Given that the fund focuses on high-quality enterprises within the AI industry chain, its investment strategy is aligned with the companys main business. Participating in the proposed establishment of the fund will enable the group to seize industry opportunities closely related to its AI business, obtain potential long-term investment returns, and explore possible strategic and industrial synergies.