Tongli Risheng Announces Plan for $150 Million Energy Storage Investment Fund with Key Subscription Details

Tongli Risheng Plans to Establish an Energy Storage Industry Investment Fund with a Total Subscription Capital of 150 Million Yuan" On September 20, Jiangsu Tongli Risheng Machinery Co., Ltd. issued an announcement on its intention to jointly invest with professional investment institutions to establish an energy storage industry investment fund. The total subscription capital of this industry fund is 150 million yuan, with the following breakdown:

Shanghai Yicun subscribed for 1 million yuan, accounting for 0.67%

Wuxi Yicun subscribed for 81.5 million yuan, accounting for 54.33%

Tongli Risheng intends to subscribe for 67.5 million yuan with its own funds, accounting for 45.00%

The first phase of the partnership's actual paid-in capital is 20 million yuan, of which Shanghai Yicun contributes 133,300 yuan, Wuxi Yicun contributes 10,866,700 yuan, and Tongli Risheng contributes 9 million yuan.