[ET Net News Agency, 24 September 2021] Pop Mart International Group Limited (09992)
said Beijing Pop Mart (an indirect wholly-owned subsidiary of the company) as one of the
limited partners has entered into the partnership agreement with other limited partners
and Gongqingcheng Yiyuan as general partner in respect of the participation in an
investment fund, pursuant to which, the capital contribution by Beijing Pop Mart amounted
to RMB50 million, representing approximately 6.25% of the total capital contribution to
the fund.
The fund is Suzhou Heiyi No. 3 Equity Investment Partnership (Limited Partnership). The
main purpose of the fund is to generate satisfactory investment returns for its partners
by making equity and quasi-equity investments primarily in start-up and growth stage
companies in the consumer goods and consumer services related sectors established or
operating in the Greater China region, thereby realizing capital appreciation of
partnership assets. (RC)