Changfei Optic Fiber: Subsidiary intends to subscribe to private fund units worth HKD 31.3 million.

Changfei Fiber Optic announced that its wholly-owned subsidiary Changfei International Investment Company plans to subscribe for 31.3 million Hong Kong dollars worth of limited partnership interests in FutureTech Stars, representing approximately 20.17%. The fund focuses on core technologies such as next-generation information technology, and engages in equity investments in early-stage technology startups. This investment does not require approval from the company's board of directors or shareholders' meeting, and the funds are from internal sources, without any related party transactions or major asset restructuring. However, there are uncertainties in the fund raising and investment operations, and investment returns may be lower than expected.