Hunan Tv & Broadcast Intermediary Co.Ltd(000917) : Announcement on investment and establishment of Shenzhen Dachen chuangcheng private equity investment enterprise (limited partnership)

Stock Code: 000917 stock abbreviation: Hunan Tv & Broadcast Intermediary Co.Ltd(000917) Announcement No.: 2022-05 bond Code: 112638 bond abbreviation: 18 Xiangdian 01

Hunan Tv & Broadcast Intermediary Co.Ltd(000917)

Announcement on investment and establishment of Shenzhen Dachen chuangcheng private equity investment enterprise (limited partnership)

The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.

1、 Overview of foreign investment

1.; After the registration of Dachen chuangcheng fund is completed, it will raise funds from social professional institutions. The total scale of the fund is expected to be 8 billion yuan.

2. This transaction does not constitute affiliated joint investment.

3. This foreign investment has been deliberated and approved at the 21st Meeting of the 6th board of directors on January 25, 2022. According to the relevant provisions of the Listing Rules of Shenzhen Stock Exchange and the articles of association, the amount involved in this foreign investment does not exceed the decision-making authority of the board of directors of the company and does not need to be submitted to the general meeting of shareholders of the company for deliberation and approval.

2、 Basic information of partners

(I) general partner

Executive partner (fund manager): Shenzhen Dachen Caizhi Venture Capital Management Co., Ltd. (has completed the registration of private fund manager and filed with China Securities Investment Fund Association)

Registration No.: p1000900

Date of establishment: December 15, 2008

Registered address: 2303, special zone newspaper building, Shennan Avenue, Futian District, Shenzhen

Legal representative: Liu Qing

Major shareholders: Hunan Tv & Broadcast Intermediary Co.Ltd(000917) holds 20%, Shenzhen Dachen Venture Capital Co., Ltd. holds 35%, and the Dachen financial intelligence management team such as Liu daytime and Xiao Bing holds 45% in total.

Business scope: entrusted management of venture capital of venture capital enterprises; Venture capital consulting; Provide entrepreneurship management services for start-ups (except for projects prohibited by laws, administrative regulations and decisions of the State Council, and restricted projects can be operated only after obtaining permission); Equity investment; Financial consultation, enterprise management consultation and entrusted asset management (excluding securities, insurance, funds, financial business, talent intermediary services and other restricted items).

(II) limited partners

1. Hunan Tv & Broadcast Intermediary Co.Ltd(000917)

2. Shenzhen Dachen Venture Capital Co., Ltd

Unified social credit Code: 914403007152918768

Registered capital: 100 million yuan

Date of establishment: April 19, 2000

Address: Block D, 23rd floor, special zone newspaper building, Shennan Avenue, Futian District, Shenzhen

Legal representative: Zhao hongqiong

Company type: limited liability company

Business scope: direct investment in high-tech industries and other technological innovation Shenzhen New Industries Biomedical Engineering Co.Ltd(300832) ; Entrusted to manage and operate the venture capital of other venture capital companies; Investment consulting; Directly invest in or participate in the construction of business incubators. Shareholder Information: Hunan Tv & Broadcast Intermediary Co.Ltd(000917) holding 75%; Shanghai Xiquan Industrial Co., Ltd. holds 25% (Shanghai Xiquan Industrial Co., Ltd. is a wholly-owned subsidiary of Hunan Tv & Broadcast Intermediary Co.Ltd(000917) ).

3. Shenzhen Caizhi chuangying private equity investment enterprise (limited partnership)

Unified social credit Code: 91440300ma5g8te53h

Registered capital: 366 million yuan

Date of establishment: June 23, 2020

Address: 2305, special zone newspaper building, Zijing community, Lianhua street, Futian District, Shenzhen

Legal representative (appointed representative): Liu Qing

Company type: limited partnership

Business scope: equity investment (not engaged in the management of publicly raised funds).

Main partners: Liu daytime, Xiao Bing and other Dachen financial intelligence management team

Fund manager: Dachen Caizhi

3、 Basic information of fund establishment

1. Fund Name: Shenzhen Dachen chuangcheng private equity investment fund enterprise (limited partnership)

2. Main business place: 2305, newspaper building, Zijing community, Lianhua street, Futian District, Shenzhen

3. Executive partner: Shenzhen Dachen Caizhi Venture Capital Management Co., Ltd

4. Organizational form: limited partnership, that is, the general partner shall bear unlimited joint and several liability for the debts of the enterprise, and the limited partner shall be liable for the debts of the enterprise to the extent of his subscribed capital contribution.

5. Contribution amount:

Name of partner contribution method subscribed capital contribution

(10000 yuan)

Hunan Tv & Broadcast Intermediary Co.Ltd(000917) currency 50000

Shenzhen Dachen Venture Capital Co., Ltd. currency 40000

Shenzhen Dachen Caizhi Venture Capital Management Co., Ltd

Shenzhen Caizhi chuangying private equity investment enterprise (with currency 100000)

Limited partnership)

Total 200000

After the registration of Dachen chuangcheng fund is completed, it will raise funds from social professional institutions.

6. Business scope: equity investment (the specific business scope shall be subject to the approval of relevant authorities)

7. Fund investment: it mainly invests in new generation information technology, intelligent manufacturing, new environmental protection materials, consumer services, medical and health care, military industry and other strategic emerging industries supported by the state.

8. Fund term: 4 years (investment period) + 4 years (exit period) + 2 years (extension period)

9. Accounting method of the Fund: independent accounting, preparing financial statements regularly in accordance with relevant accounting standards, and being audited by qualified audit institutions and issuing audit reports every year.

10. Fund management model

The daily operation and investment management of the fund are all managed by the fund manager, and the fund pays the management fee to the fund manager every year.

4、 Purpose of foreign investment, impact on the company and possible risks

1. Purpose of this foreign investment and its impact on the company

The establishment of Dachen chuangcheng fund in this investment is in line with the company’s strategic development direction and gives full play to Dachen’s leading advantages in venture capital fund management, which is conducive to consolidating the company’s investment business and further improving the company’s comprehensive competitiveness.

2. Possible risks of this foreign investment

The fund investment has the characteristics of long cycle and low liquidity. The investment has no fixed return commitment. There are risks of long investment cycle, certain uncertainty of income and failure to contribute profits to the company in the short term. Due to the particularity of the fund portfolio project, the fund investment may not be able to obtain a satisfactory price or even exit; In some cases, the fund’s sale or disposal of its investments will be restricted for a certain period of time. The company will pay close attention to the operation and management of investment funds and the implementation process of investment projects to reduce investment risks.

Hunan Tv & Broadcast Intermediary Co.Ltd(000917) board of directors January 26, 2022

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