On July 15th, Gelunhui reported that in order to promote the long-term development of Beijing Quanshi World Online Network Information Co., Ltd., fully leverage the professional capabilities and resource advantages of professional investment institutions, integrate resources from all parties, strengthen industry cooperation, and achieve capital appreciation, the company plans to invest establish Ling Shui Zhi Xuan Ling Hang Investment Partnership Enterprise (limited partnership) jointly with Niou Ventures Investment (Beijing) Co., Ltd. (Niou Ventures), Hainan Lingshui Industrial Development Equity Investment Fund Partnership Enterprise (Limited Partnership) (hereinafter referred to as Lingshui Fund), and Beijing Feitian Cloud Dynamics Technology Co., Ltd. (hereinafter referred to as Beijing Feitian Cloud Dynamics), and the company plans to invest 10 million yuan as one of the limited partners with its own funds, accounting for 9.90% of the total amount of investment in the partnership enterprise.
Ling Shui Zhi Xuan Ling Hang is a venture capital fund established jointly by Lingshui Mother Fund and relevant social capital in accordance with the "Lingshui Li Autonomous County High-Quality Development Fund Management Measures." The fund mainly focuses on early-stage companies and invests in sci-tech companies in digital economy fields such as Metaverse, going global, AI, and big data.