Dongguan Holdings (000828.SZ) subsidiary plans to invest 210 million yuan to participate in the establishment of the low-altitude economic industry fund.

Zhitong Finance and Economics APP News, Dongguan Holdings (000828.SZ) announced that in order to give full play to the deep coordination of transportation infrastructure and diverse application scenarios with the low-altitude economic industry, actively layout strategic emerging industry tracks, the company's wholly-owned subsidiary Guangdong Jin Xin Capital Investment Co., Ltd. (hereinafter referred to as "Jin Xin Capital") intends to jointly invest with Dongguan City Kechuang Capital Investment Management Co., Ltd. (hereinafter referred to as "Kechuang Capital") and others to establish the "Dongguan Jin Xin Low Altitude Economic Industry Venture Capital Fund Partnership (Limited Partnership)" (hereinafter referred to as "Low Altitude Economic Industry Fund"), focusing on investments in the unmanned aerial vehicle, eVTOL vehicle (including guidance systems, aviation motors, lightweight composite materials, high-energy density batteries and other key links in the industry chain) and related technology transportation, smart transportation and other fields. The total capital of the Low Altitude Economic Industry Fund is 300 million yuan, with Jin Xin Capital contributing 210 million yuan and Kechuang Capital and related parties contributing 90 million yuan.