Stock Code: 601360 stock abbreviation: 360 Security Technology Inc(601360) No.: 2022-006 360 Security Technology Inc(601360)
Progress announcement on the establishment of venture capital fund initiated by wholly-owned subsidiaries
The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents. 1、 Basic information of initiating the establishment of venture capital fund
360 Security Technology Inc(601360) (Beijing) Private Equity Fund Management Co., Ltd., a wholly-owned subsidiary of 360 Security Technology Inc(601360) (hereinafter referred to as “the company”), Beijing Qihoo Technology Co., Ltd. and Beijing Beijing Centergate Technologies (Holding) Co.Ltd(000931) gaojingjian venture capital fund (limited partnership) signed the partnership agreement of Beijing 360 Security Technology Inc(601360) Hongxin venture capital partnership (limited partnership), Jointly invested and established Beijing 360 Security Technology Inc(601360) Hongxin venture capital partnership (limited partnership) (hereinafter referred to as ” 360 Security Technology Inc(601360) Hongxin fund” or “partnership”), which mainly invests in the equity of outstanding non listed companies in network security technology, network security application and related industries and new third board enterprises. The company’s wholly-owned subsidiary 360 Security Technology Inc(601360) (Beijing) Private Equity Fund Management Co., Ltd., as the general partner, plans to subscribe 2409640 yuan, accounting for 0.20% of the total subscribed capital; Beijing Qihoo Technology Co., Ltd., a wholly-owned subsidiary of the company, as a limited partner, plans to subscribe 602409640 yuan, accounting for 50.00% of the total subscribed capital; As a limited partner, Beijing Beijing Centergate Technologies (Holding) Co.Ltd(000931) gaojingjian venture capital fund (limited partnership) plans to subscribe 600 million yuan, accounting for 49.80% of the total subscribed capital. For details, see the announcement on the establishment of venture capital fund initiated by wholly-owned subsidiaries (Announcement No.: 2021-077) disclosed by the company on the website of Shanghai Stock Exchange on December 30, 2021.
All partners of 360 Security Technology Inc(601360) Hongxin fund have fulfilled all their capital contribution obligations in accordance with the partnership agreement on January 6, 2022. For details, please refer to the progress announcement on the establishment of venture capital fund initiated by wholly-owned subsidiaries (Announcement No.: 2022-004) disclosed by the company on the website of Shanghai Stock Exchange on January 7, 2022.
2、 Progress
As of the disclosure date of this announcement, 360 Security Technology Inc(601360) Hongxin fund has completed the filing procedures of China Securities Investment Fund Industry Association and obtained the Filing Certificate of private investment fund. The details are as follows:
Fund Name: Beijing 360 Security Technology Inc(601360) Hongxin venture capital partnership (limited partnership)
Name of manager: 360 Security Technology Inc(601360) (Beijing) Private Equity Fund Management Co., Ltd
Name of custodian: China Merchants Bank Co.Ltd(600036)
Filing Code: stt345
Filing date: January 19, 2022
3、 Other information
As of the disclosure date of this announcement, 360 Security Technology Inc(601360) Hongxin fund has not carried out any investment activities. The agreed investment cycle of the fund is long. The investment process may be affected by many factors, such as macro-economy, selection of investment targets, industry environment, and the fund’s own management and technology, which may lead to a long investment return period, low liquidity, and the overall income level can not achieve the expected benefits, Risk of investment loss. The company will continue to perform the obligation of information disclosure on the follow-up important progress of 360 Security Technology Inc(601360) Hongxin fund in time. Please pay attention to the investment risks. It is hereby announced.
360 Security Technology Inc(601360) board of directors January 21, 2022
