Zhejiang Century Huatong Group Co LtdSubsidiary contributes 150M yuan to venture capital partnership, but impact on core business is unclear.

Century Huatong's wholly-owned subsidiary Shanghai Shengqu Shumeng contributed 150 million yuan to co-establish the Tianjin Lisi Xingque Venture Capital Partnership with Tianjin Lisi Mingtang. Shengqu Shumeng made the capital contribution using its own funds, accounting for 35.461% of the partnership's total committed capital, making it the main limited partner. The fund has appointed Hainan Lisi as the fund manager to oversee operations and investments. In the first quarter of 2026, Century Huatong achieved revenue of 11.01 billion yuan and net profit attributable to the parent company of 2.027 billion yuan.
Zhejiang Century Huatong Group Co LtdSubsidiary contributes 150M yuan to venture capital partnership, but impact on core business is unclear.
Co-founds venture capital partnership with Century Huatong subsidiary, gaining capital commitment.
Venture capital partnership established with 150M yuan contribution from Century Huatong subsidiary.
Appointed as fund manager for the new venture capital partnership.