Dongtu Technology: Intends to participate in the establishment of a private equity investment fund with a planned investment of 108.5 million yuan.
Eastland Technology announced that the company plans to invest 108.5 million yuan from its own funds to participate in the establishment of the Sichuan Chengde High-tech Innovation Equity Investment Fund, with a total fundraising of 620 million yuan. Eastland Technology holds a 17.5% stake in the fund. This investment does not constitute industry competition or related party transactions, nor does it constitute a significant asset restructuring. The company will continue to monitor the progress and fulfill its disclosure obligations in a timely manner.
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