China Railway Rolling Stock Corporation Limited (601766.SH) subsidiary intends to participate in establishing a fund for investment in the field of new energy equipment and other areas.

Zhijing Finance News APP, CRRC (601766.SH) of China announced that its wholly-owned subsidiary CRRC Capital Management Co., Ltd. and its wholly-owned subsidiary Huayu Zhengdao (Beijing) Private Equity Investment Fund Management Co., Ltd. intend to jointly establish Huayu Guoke Zhanxin (Suzhou) Venture Capital Fund Partnership Enterprise (Limited Partnership) with other investors (tentative name, specific name subject to business registration). The total subscribed capital of each partner is 1.5 billion yuan, with CRRC Capital Management Co., Ltd. subscribing 570 million yuan as a limited partner, and Huayu Zhengdao (Beijing) Private Equity Investment Fund Management Co., Ltd. subscribing 30 million yuan as a general partner and private equity fund manager.