Qianjiang Motorcycles (Stock code: 000913.SZ) plans to invest 200 million yuan to participate in the joint venture with Jimo Enterprises.

Intelligence Finance APP News, Qianjiang Motorcycle (000913.SZ) announced that the company plans to jointly invest with Zhejiang Mingdao Aluminum Industry Co., Ltd. (referred to as "Mingdao Aluminum Industry"), Zhejiang Luomei Investment Co., Ltd. (referred to as "Luomei Investment") and Ningbo Jiyang Business Consultation Co., Ltd. to establish Hangzhou Jimo Enterprise Management Limited Partnership Enterprise (provisional name, referred to as "Jimo Enterprise"). The total capital contribution of the limited partnership enterprise is 500 million yuan, of which the company plans to subscribe for 200 million yuan as a limited partner, with a subscription ratio of 39.98%. The company and Mingdao Aluminum Industry, as well as Luomei Investment, are controlled by the same major shareholder, Geely Technology Group Co., Ltd., and this matter constitutes a related party transaction.