On August 8, Tianjin Yiyi Sanitary Products Co., LTD. (hereinafter referred to as "Yiyi Shares") announced that the company intends to establish an industrial fund jointly with Beijing Fangyuan Jinding Investment Management Co., LTD., and other limited partners, and signed the relevant agreement in Tianjin on August 6, 2021. Agreed to jointly invest in the establishment of Suqian Tuo Bo asset management partnership (limited partnership).

The total scale of the fund is planned to be 100 million yuan, and the company, as a limited partner, plans to contribute 30 million yuan, accounting for 30% of the partnership. The fund will focus on the related fields of pet track and actively layout the pet consumption chain.

According to public data, Yiyi Shares, founded in May 1990, is a scientific and technological enterprise specializing in the research, development and manufacturing of pet hygiene products, adult and baby care products, women's hygiene products and other series of products. It is also the production base of pet urine pads. Pet care products include pet diapers, pet diapers, pet dung bags and pet wipes.