37 Interactive Entertainment Network Technology Group (002555.SZ) plans to invest no more than $10 million in the SX Global Flagship Fund II L.P. to strategically position themselves in the cutting-edge technology sector.

37 Interactive Entertainment Network Technology Group (002555.SZ) announced that its wholly-owned subsidiary 37 Starseek intends to participate in the investment of SX Global Flagship Fund II L.P. and has recently signed a subscription agreement for the same. The actual total size of SX Global Flagship Fund II L.P. is expected to not exceed 300 million US dollars, with the company's subsidiary 37 Starseek planning to invest up to 10 million US dollars of its own funds for subscription shares. SX Global Advisors Limited intends to contribute with its own funds as a general partner at least 2% of the total subscribed size of the fund. If the final fundraising size of SX Global Flagship Fund II L.P. is 300 million US dollars and the company's subsidiary 37 Starseek invests 10 million US dollars of its own funds, then the investment amount by 37 Starseek will account for approximately 3.33% of the fund's size. The announcement stated that after investing in SX Global Flagship Fund II L.P., the fund will invest in high-quality enterprises in cutting-edge technology, software as a service (SaaS), and other technology sectors, to synergize with the company's core business development, achieve the company's strategic layout in cutting-edge technology fields, and realize capital appreciation.