Fibocom Wireless Inc. (00638) contributed RMB 50 million to participate in the Shenzhen Qianhai Kunpeng Artificial Intelligence Terminal and Application Industry Private Equity Investment Fund Partnership (Limited Partnership).
Fibocom Wireless Inc. (00638) announced that, to meet the needs of its overall strategic development, its wholly-owned subsidiary Shenzhen Fibocom Investment Development Co., Ltd., together with Kunpeng Zhanyi, Qianhai Shuke, Kunpeng Equity Investment, Qianhai Industrial Development Group, and Qianhai Technology Innovation Group, jointly invested to establish the Shenzhen Qianhai Kunpeng Artificial Intelligence Terminal and Application Industry Private Equity Investment Fund Partnership (Limited Partnership), and recently signed the "Shenzhen Qianhai Kunpeng Artificial Intelligence Terminal and Application Industry Private Equity Investment Fund Partnership (Limited Partnership) Partnership Agreement." The fund size is RMB 900 million. Fibocom Investment, as a limited partner, has subscribed to contribute RMB 50 million, accounting for 5.56%.
Fibocom Wireless Inc. (00638) announced that, to meet the needs of its overall strategic development, the company's wholly-owned subsidiary Shenzhen Fibocom Wireless Inc. Investment Development Co., Ltd., together with Kunpeng Zhanyi, Qianhai Shuke, Kunpeng Equity Investment, Qianhai Industrial Development Group, and Qianhai Technology Innovation Group, jointly invested to establish the Shenzhen Qianhai Kunpeng Artificial Intelligence Terminal and Application Industry Private Equity Investment Fund Partnership (Limited Partnership), and recently signed the "Shenzhen Qianhai Kunpeng Artificial Intelligence Terminal and Application Industry Private Equity Investment Fund Partnership (Limited Partnership) Partnership Agreement." The fund size is RMB 900 million. Fibocom Wireless Inc. Investment, as a limited partner, has subscribed to contribute RMB 50 million, accounting for 5.56%.
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