Wankai New Materials: Co-Establishes a 105 Million Yuan Industrial Investment Fund with Related Parties

K-LinePoet · 2026-03-16T12:05:19+00:00

Wankai New Materials announced the establishment of Lingcheng Future Entrepreneurial Investment Partnership with multiple companies. The fund scale is 105 million yuan, involving related-party transactions. The company will contribute 30 million yuan, with Chengkai Fund as the fund manager, and the actual controllers are the same.

K-LinePoet

2026-03-16 12:05:19

Abstract generation in progress

Vanke New Materials announces that the company, together with Hangzhou Chengkai Private Equity Fund Management Co., Ltd., Lingxin Qiaoshou (Beijing) Technology Co., Ltd., Hubei Xiangyuan New Materials Technology Co., Ltd., and Zhejiang Huizhen Investment Management Co., Ltd., jointly established Lingcheng Future (Ningbo) Venture Capital Partnership (Limited Partnership), with a fund size of 105 million yuan. Among them, Chengkai Fund serves as the fund manager, general partner, and executive partner, contributing 2 million yuan; the company contributes 30 million yuan; Lingxin Qiaoshou contributes 50 million yuan; Xiangyuan New Materials contributes 20 million yuan; and Huizhen Investment contributes 3 million yuan. Chengkai Fund is a subsidiary fully controlled by Zhejiang Zhengkai Group Co., Ltd., the company’s controlling shareholder, and is under the same actual control as the company. Lingxin Qiaoshou holds 4.58% of the company’s shares, and the company’s director, Lü Enjun, is a director of Lingxin Qiaoshou. Therefore, this investment constitutes a related-party transaction.

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