ICBC Credit Suisse's 5 funds participate in the non-public offering of shares by Hunan Youneng.

LightningPacketLoss · 2026-03-27T19:03:52+00:00

ICBC Credit Suisse announced that five of its funds participated in Hunan Yueneng's private placement of shares, with a total subscription of 961,902 shares, costing approximately 56.89 million yuan, with a lock-up period of 6 months. The funds have an unrealized gain of about 20%. This investment is part of a regular asset allocation and carries no equity or control rights risk.

LightningPacketLoss

2026-03-27 19:03:52

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On March 24, ICBC Credit Suisse Asset Management announced the investment situation of five of its funds participating in the non-public offering of Hunan YN Energy stocks.

The announcement shows that the five funds participated in the subscription of Hunan YN Energy (301358) non-public offering of stocks, with a total subscription quantity of 961,902 shares and a total cost of 56,899,935.02 yuan, with a lock-up period of 6 months.

There are significant differences between the subscription costs and the book values of each fund. Among them, the ICBC Credit Suisse Dynamic Value Mixed Securities Investment Fund had the highest subscription amount, reaching 9,999,995.84 yuan, accounting for 1.87% of its fund net asset value; the ICBC Credit Suisse New Energy Vehicle Theme Mixed Securities Investment Fund had the largest subscription quantity, reaching 689,536 shares, accounting for 1.44% of its fund net asset value.

According to statistics from Wind data, the stock price of Hunan YN Energy has shown a significant increase from the subscription date until March 20, 2026, with the participating funds experiencing an unrealized gain of around 20%.

This investment is a non-public offering subscription and does not involve changes in equity structure or control of the company, which is a routine asset allocation behavior of the funds. The 6-month lock-up period complies with regulatory requirements, and the investment risk mainly lies in stock price fluctuations and liquidity constraints during the lock-up period. The announcement did not mention any subsequent reduction plans for the funds, nor were there any indications of other related transactions or benefit transfers, complying with information disclosure regulations.

(Fund Announcement)

(Editor: Xu Nannan)

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