On December 13 , Yili Co., Ltd. issued an announcement stating that its wholly-owned limited partnership, Jianling Capital, Jianling Seed Fund and Jianling Mother Fund, plans to invest a total of 130 million yuan to participate in the establishment of a venture capital fund (referred to as "Anhui Jianling Seed Fund") to seek investment opportunities for early-stage innovative and entrepreneurial enterprises in the field of health food.

The announcement shows that Yili’s wholly-owned limited partnership Zhuhai Jianling Equity Investment Fund Management Partnership (referred to as "Jianling Capital"), Shenzhen Jianling Innovation Seed Private Equity Investment Fund Partnership (referred to as "Jianling Seed Fund"), and Jianling (Zhuhai) Mother Fund Partnership (referred to as "Jianling Mother Fund"), intends to sign a partnership agreement with the second phase of Anhui Seed Fund Partnership to jointly invest in the establishment of Anhui Jianling Seed Fund. The total subscribed capital of Anhui Jianling Seed Fund is 200 million yuan, and the wholly-owned limited partnership under Yili invested a total of 130 million yuan, holding a total of 65% of the shares ; the second phase of Anhui Seed Fund Partnership contributed 70 million yuan, holding a 35% stake . In the future, Anhui Jianling Seed Fund will focus on small and medium-sized technology innovation enterprises with certain technological content, new business models, and start-up stages. Focusing on new products, new technologies, new business models, upstream and downstream enterprises, focusing on the field of big health, focusing on food science and life science industries, and the investment in small and medium-sized technology innovation enterprises in the start-up stage will not be less than 70% of the investment in Anhui Jianling Seed Fund .  

Yili Co., Ltd. said that the purpose of this investment is to enhance the company's core competitive advantages and industrial expansion capabilities, seek investment opportunities for early-stage innovative and entrepreneurial enterprises in the field of health food, help the company build an innovative enterprise, and achieve good investment benefits by engaging in equity investment activities such as equity, which will help the company obtain new investment opportunities and profit growth points, and jointly promote the realization of the company's strategic goals. This investment will not have a negative impact on the company's daily operations and will not lead to competition among the industry.