In December 4th, 002404.SZ announced that the company held the twenty-sixth meeting of the seventh board of directors in December 4th. It passed the "motion on participation in setting up equity investment fund" by the company. It agreed that the company invested RMB 50 million yuan to jointly invest with the general partner Ningbo Meishan bonded port sub investment management partnership (limited partnership) ("limited investment") and so on, and set up the Ningbo Meishan bonded port area only to invest in the partnership business (limited partnership), and invest in enterprises with advanced core technology capability and clear and stable profit pattern in advanced manufacturing, environmental protection, 002404.SZ, medicine and other industries in the period of rapid growth and expansion.

In December 4, 2019, the company received the notice of the general partner's investment today. The Ningbo Meishan bonded port investment and partnership enterprise (limited partnership) has completed the private investment fund filing procedures in accordance with the requirements of the securities investment fund law and the Provisional Regulations on supervision and management of private investment funds, and has obtained the record certificate of private investment funds. The record code is SJH554; the name of the fund is: Ningbo Meishan bonded port area only investment partnership enterprise (limited partnership); manager name: Ningbo Meishan bonded port area sub investment management partnership enterprise (limited partnership); the name of the trustee: Shanghai Pudong development Bank Limited by Share Ltd; filing date: December 3, 2019.