Divine material: the subsidiary intends to invest in Zhangjiagang Sands Fund.

Caixian News Agency, May 26 (Xinhua)-- according to the announcement of Tianshi Materials, the company's wholly-owned subsidiary Jinghui Shenzhen plans to invest in Ningbo Jinshui Si Cheng through investment, so as to invest in Zhangjiagang Sands Fund, a professional investment institution. Recently, Shenhui Shenzhen signed a partnership agreement with partners Ma Kaimao, Zhang Yun, Bian Kaiqin, Song Lihong and Tao Jingqiu of Ningbo Jinlusi Sicheng. Zhenhui Shenzhen, as a limited partner, subscribed for 30 million yuan of Ningbo Jinlusi Sicheng share with its own funds. and agreed that the partnership funds should be invested in Zhangjiagang Sands Fund. After the completion of this occupation, the total capital contribution of Ningbo Jinyi Sicheng increased to 87.5 million yuan, of which Shenzhen's contribution proportion was 34.2857%.