Zhejiang Media announced that the company plans to cooperate with Dunhong Asset to establish a Zhejiang Publishing Future Venture Capital Fund partnership. The total fund plan size is 126 million yuan, and the company has pledged 125 million yuan with its own capital, accounting for 99.21% as a limited partner. The fund focuses on cutting-edge technology core technology research and industrial application, and lays out strategic emerging and future industries. This transaction does not constitute a related transaction or major asset restructuring. It has been reviewed and approved by the company's board of directors, and there is no need to submit it to the shareholders' meeting for review. The fund still needs to complete the registration with the China Foundation Association. There are risks such as investment returns falling short of expectations and poor exit.

Zhejiang Media announced that the company plans to cooperate with Dunhong Asset to establish a Zhejiang Publishing Future Venture Capital Fund partnership. The total fund plan size is 126 million yuan, and the company has pledged 125 million yuan with its own capital, accounting for 99.21% as a limited partner. The fund focuses on cutting-edge technology core technology research and industrial application, and lays out strategic emerging and future industries. This transaction does not constitute a related transaction or major asset restructuring. It has been reviewed and approved by the company's board of directors, and there is no need to submit it to the shareholders' meeting for review. The fund still needs to complete the registration with the China Foundation Association. There are risks such as investment returns falling short of expectations and poor exit.