Torch Electronics: Subsidiary's participation in the establishment of an industrial investment fund has been approved.
The Torch Electronic Bulletin stated that on March 3, 2026, its wholly-owned subsidiary Zihua Investment signed an agreement with Quanzhou City Licheng District State-owned Capital Investment Group and Huafu Capital to jointly establish Quanzhou Lichu Huachen Equity Investment Partnership Enterprise, with a total subscribed capital of 100 million yuan, of which Zihua Investment subscribed 42 million yuan, accounting for 42%. At present, the fund has completed industrial and commercial registration and private equity fund record filing, and all partners have paid the first installment of capital contribution, with a total initial capital raised of 10 million yuan. The company will continue to monitor the follow-up progress and disclose it in a timely manner.
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