Xinhua International Holdings信华国际控股集团

The group has long been engaged in China’s energy and infrastructure sectors, participating in the investment and construction of power-related projects and accumulating practical experience in project delivery, the organisation of industrial resources and institutional cooperation.集团长期深耕中国能源与基础设施领域，参与电力相关项目的投资与建设，在工程项目实施、产业资源组织及机构合作方面积累了实践经验。

In the course of its long-term development, the group has established extensive business relationships with development finance institutions, energy and power enterprises, infrastructure construction groups and other major industrial institutions, forming a cross-industry network of institutional cooperation.在长期业务发展过程中，集团与开发性金融机构、能源电力企业、基础设施建设集团及其他大型产业机构建立了广泛的业务联系，形成跨产业的机构合作网络。

Building on this industrial foundation, the group has progressively extended its investment and asset footprint at home and abroad. In Japan, the group holds land and language schools; in Indonesia, the group’s business involves industrial equipment brand operations; in external investment, the group participates in companies and projects by way of equity, with positions in education and digital commerce.依托既有产业基础，集团逐步拓展境内外投资与资产布局。在日本，集团持有土地及语言学校；在印度尼西亚，集团相关业务涉及工业设备品牌运营；在对外投资方面，集团以参股方式参与企业及项目发展，并布局教育、数字商业等领域。

The group has an independent private fund company that conducts professional private equity investment and fund management, and regulates its fundraising, investment, management and exit arrangements in accordance with the relevant legal documents, filing information and regulatory requirements. It forms an important part of the group’s capital allocation and asset management system.集团旗下设有独立的私募基金公司，围绕私募股权投资与基金管理开展专业化运作，并依据相关法律文件、备案信息及监管要求规范募资、投资、管理与退出安排，构成集团资本配置与资产管理体系的重要组成部分。

The group applies differentiated management according to the operating characteristics, capital needs and risk-return conditions of each asset and investment project, with attention to asset quality, capital efficiency, going-concern capability and long-term shareholder value.集团根据不同资产及投资项目的经营特征、资本需求与风险收益条件，开展差异化管理，关注资产质量、资本效率、持续经营能力及长期股东价值。

In the course of long-term industrial operations, project investment and construction practice, the group has established business relationships with a number of major institutions in energy and power, infrastructure, development finance, commercial banking, insurance, transport and industrial manufacturing. This experience forms an important basis for the group’s understanding of industrial operating mechanisms, identification of project opportunities and cross-sector cooperation.集团在长期产业经营、项目投资与建设实践中，与能源电力、基础设施、开发性金融、商业银行、保险、交通运输及工业制造等领域的多家大型机构建立业务合作关系。相关合作经历构成集团了解产业运行机制、识别项目机会及开展跨领域合作的重要基础。