Hanbo High-tech: Subsidiary plans to invest 10 million yuan in an industrial fund.
Hanbo High-Tech announced that its wholly-owned subsidiary, Hainan Hanbo, intends to invest as a limited partner with its own or raised funds by committing a capital contribution of 10 million yuan, in cooperation with the general partner, Shenzhen Venture Capital Xian Fund Management Company, and other limited partners, to jointly invest in the Qingdao Yuanxi No. 17 Venture Capital Fund Partnership. The planned total subscription size of this industrial fund is 20.01 million yuan, with a duration of 7 years from the fund's establishment date, primarily investing in the equity of domestic non-listed companies within the new storage industry chain. This investment does not require approval from the board of directors or shareholders' meeting, and it does not constitute a related party transaction or a major asset reorganization.
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