Maiwei Group: Plans to invest 50 million yuan to participate in Wenzhou Chaquan Entrepreneurship Investment Partnership Enterprise.

Maiwei Corporation announced that it plans to invest 50 million yuan as a limited partner with its own funds to subscribe for fund shares of Wenzhou Chaquan Entrepreneurship Investment Partnership Enterprise. The fund will mainly invest directly or indirectly in enterprises in North China engaged in the manufacture of advanced terminal equipment, with a focus on financing projects nearing IPO. This investment aims to further expand the company's business scope, leverage the professional expertise and resource advantages of professional institutions, integrate resources from all parties, and enhance the company's overall competitiveness.