Chuangyao Technology (688259.SH) announced that the company plans to invest 19 million yuan as a limited partner in...
According to the news from Zhitong Finance APP, Chuangyao Technology (688259.SH) announced that the company plans to invest 19 million yuan as a limited partner to subscribe for approximately 5.94% of the Suzhou Industrial Park Hechuang Zhiyuan Phase II Digital Technology Investment Partnership (Limited Partnership) (provisional name) (abbreviated as 'Hechuang Zhiyuan Phase II Fund'). The Hechuang Zhiyuan Phase II Fund was jointly initiated by Suzhou Yuanhe Holdings Co., Ltd. (abbreviated as 'Yuanhe Holdings') and zhongji innolight Co., Ltd. (abbreviated as 'zhongji innolight'). The fund's initial fundraising target is set at 0.32 billion yuan, where zhongji innolight is the industrial side, and Yuanhe Holdings is the fund manager. Currently, the Hechuang Zhiyuan Phase II Fund is in the preparation stage.
The Hechuang Zhiyuan Phase II Fund is dedicated to investing in fields such as optoelectronic communication, datacenter, ai smart automobile, siasun robot&automation, and optoelectronic technology, featuring an excellent entrepreneurial team with high technical barriers and strong industrial synergy with the fund's industrial side. The investment direction of the Hechuang Zhiyuan Phase II Fund aligns with the research and development direction and existing business of Chuangyao Technology. A shareholder holding more than 5% of shares in Chuangyao Technology, China-Singapore Suzhou Industrial Park Venture Capital Co., Ltd. (abbreviated as 'China-Singapore Venture Capital'), plans to invest 74 million yuan as a limited partner to subscribe for the corresponding shares of the Hechuang Zhiyuan Phase II Fund.
