Pinming Technology used 10.99 million yuan of its own funds to subscribe to limited partnership interests in Ningbo Haoxi Zhuoyue Venture Capital Investment Partnership. The fund has total capital commitments of 22 million yuan, with the company contributing 49.95 percent. The investment will be used exclusively for a single target equity stake. The fund manager is Jiangsu Haoxi Private Equity Investment Fund Management Co., Ltd. The fund was established on August 3, 2026, with a term of 10 years. In the first quarter of 2026, Pinming Technology achieved revenue of 44.29 million yuan and a net loss attributable to the parent company of 13.83 million yuan.
Hangzhou Pinming Software Co. Ltd. ACompany invests 10.99 million yuan in a private equity fund, a capital allocation move with uncertain returns.
