King Of Nine Changes The Investment Period Of Internet Fashion Industry Fund

The deadline for the partnership is changed from "the first 3 years to the investment period, and the last 3 years as the exit period" to "the first 5 years as the investment period, and the last 1 years as the exit period", with a total period of 6 years unchanged.

Recently, nine herd king Limited by Share Ltd (Stock Code: 601566) issued a notice on the Internet fashion industry fund to change the investment period.

Reporters learned that, in June 1, 2015, the nine capital investment limited liability company of Tibet, Shanghai,, a wholly owned subsidiary of the nine Mu Wang Limited by Share Ltd, was signed with the Shanghai Jing Hui Investment Management Center (limited partnership) (hereinafter referred to as "Jing Hui investment"), and the Internet fashion industry fund, Jing Lin nine Xin Sheng Lian equity investment center (limited partnership) (hereinafter referred to as "nine Sheng Xin Lian" or "partnership enterprise") was invested in the Internet fashion lifestyle related projects in the year of June 1, 2015.

The size of the partnership is RMB 1 billion yuan, with a term of 6 years.

Nine Sheng investment, as a limited partner of a partnership, has an authorized amount of 990 million yuan, accounting for 99% of the total subscribed capital. Jing Hui, as a general partner, has an authorized amount of 10 million yuan, accounting for 1% of the capital contribution.

In June 28, 2018, nine Sheng investment, Jing Hui investment and nine Sheng Xin Union signed the supplementary agreement on partnership agreement of Shanghai Jing Lin nine Sheng Xin equity investment center (limited partnership) (hereinafter referred to as the "supplementary agreement").

The supplementary agreement stipulate that in accordance with the actual operation of the partnership, the duration of the partnership shall be revised from "the first 3 years for the investment period and the last 3 years for the withdrawal period" to "the first 5 years for the investment period, and the last 1 years for the withdrawal period", with a total duration of 6 years unchanged.