Liard plans to deploy 100 million yuan commercial aerospace industry fund

On February 4, Liard issued an announcement disclosing that the company plans to formally enter the commercial aerospace field and expand the layout of emerging industries by means of foreign investment industry funds. According to the announcement, Liard has signed partnership agreements with Shenzhen Qianhai Junchuan Investment Management Co., Ltd.(hereinafter referred to as Junchuan Capital), Zhongting Investment Holdings Co., Ltd. and other partners to jointly participate in the investment of Yingshengyuan Venture Capital Investment Partnership (limited partnership) relies on professional investment strength to explore high-quality development opportunities in the commercial aerospace field.

It is reported that the target subscription scale of the partnership is 300.01 million yuan, and Liard will participate as a limited partner. He plans to use his own funds to subscribe for fund shares of no more than 100 million yuan, and the corresponding shareholding ratio is approximately 33.33%. As an extension of the coordinated development strategy of Liard Display + Cultural Tourism +AI and Space Computing, this layout of the commercial aerospace field is not only a concrete measure for the company to respond to the strategic orientation of the country's aerospace power and new infrastructure, but also an important attempt to explore the second growth curve and expand emerging markets.

The announcement clearly stated that the joint investment partnership will focus on targeted investment, focusing on non-listed companies in the commercial aerospace field, and focusing on exploring high-quality projects with core technologies and development potential in this field. Liard said that the core purpose of choosing to join hands with professional investment institutions is to effectively explore investment opportunities in the commercial aerospace field by leveraging Junchuan Capital's professional capabilities, resource reserves and industry insight in the investment field, and at the same time enhance the company's own understanding of emerging industries. The ability to judge the development trends lays the foundation for subsequent business expansion.

It is understood that Junchuan Capital will serve as the general partner and manager of the partnership. Its core investment areas cover many emerging tracks such as high-tech, commercial aerospace, and biomedicine. It has rich investment management experience and industry resource integration capabilities., can provide professional support for the fund's investment operations. In addition, the duration of the partnership is set at 8 years, calculated from the date when the partnership agreement is signed and effective. Extension procedures can be subsequently handled in accordance with relevant regulations to provide sufficient time for long-term layout and project cultivation.

Regarding the impact of this investment on the company, Liard made a clear statement in the announcement that the company, as a limited partner, will bear limited risks in accordance with relevant regulations. This foreign investment will not have a significant impact on the company's normal production, operations and financial status., and there is no harm to the legitimate rights and interests of minority shareholders. Combined with Liard's previously disclosed development strategy, the company is making every effort to promote the transformation of display-based, cultural tourism as the wing, and AI-enabled. This layout of commercial aerospace will further enrich the company's emerging industry layout and help improve its comprehensive competitiveness.

At the same time, Liard also reminded investors of the relevant risks, making it clear that commercial aerospace is a dual technology and capital-intensive industry with distinctive characteristics of high investment, high risk and high iteration. During the investment process of this fund, it may be affected by multiple factors such as macroeconomic trends, industry policy adjustments, and the operation and management status of the target project. There is the possibility that expected investment returns will not be achieved or even investment losses will occur, reminding investors to view this time rationally. Invest and pay attention to preventing investment risks.

In addition, the announcement also disclosed that this foreign investment does not constitute a related party transaction, nor does it fall within the scope of major asset reorganization. According to the company's relevant rules and regulations, it does not need to be submitted to the board of directors or shareholders 'meeting for review. Liard said that in the future, he will pay close attention to the partnership's operating status, investment progress and development of the target project, take timely measures to reduce investment risks as much as possible, ensure the safety of the company's funds, and strive to create more value for shareholders. This layout is also highly consistent with Liard's strategic direction of comprehensively embracing emerging industries and promoting the coordinated development of multiple tracks, helping companies cultivate new profit growth points while consolidating their core advantages in the display field.