MeiG Smart Technology (03268) wholly-owned subsidiary MeiGe ZhiTou participated in the investment of Suzhou PuHua ChenGuang Venture Capital Partnership (Limited Partnership).

MeiG Smart Technology (03268) announced that based on the company's strategic development needs, and in order to leverage the resource advantages of professional institutions to deepen the company's investment layout in the upstream and downstream sectors of the industry chain, its wholly-owned subsidiary, Shenzhen MeiG Zhito Venture Capital Co., Ltd. (MeiG Zhito), as one of the limited partners, recently signed the Partnership Agreement of Suzhou Puhua Chengguang Venture Capital Partnership (Limited Partnership) with the general partner, Shanghai Tianji Xinxin Enterprise Management Partnership (Limited Partnership), and 27 other limited partners to participate in investing in the Suzhou Puhua Chengguang Venture Capital Partnership (Limited Partnership). The total amount of subscribed capital contributions from all partners is RMB 1.057 billion, among which MeiG Zhito, as a limited partner, intends to contribute RMB 30 million from its own funds, accounting for 2.84% of the current total subscribed capital of the partnership. This investment will help the company integrate and utilize various advantages to explore investment opportunities. By collaborating with a professional investment management team, the company aims to expand its project investment channels while ensuring the stable development of its main business, thereby enhancing its capital operation capability and efficiency with the advantages and resources of professional investment institutions. The investment funds consist of the companys own funds, which will not affect the normal production and business operations of the company, nor will it have a significant adverse impact on the companys financial and operational status, and there are no circumstances that would harm the interests of the company and all shareholders.