Huanxu Electronics (601231.SH) plans to subscribe to 50 million yuan of the shares of Shangce Xingrong Fund.

ZHITONG Finance and Economics APP News, Huanxu Electronics (601231.SH) issued an announcement, the company plans to subscribe for 50 million yuan as a limited partner to a portion of the new partnership shares of Shanghai Up Strategy Xingrong Core Private Equity Fund Partnership Enterprise (Limited Partnership) (referred to as "Up Strategy Xingrong"). The fund focuses on the integrated circuit industry, mainly investing in unlisted companies in the integrated circuit industry. In the long run, investing in integrated circuit industry funds is beneficial for the company to seize new opportunities in artificial intelligence development, and strengthen the company's layout in cutting-edge technology fields. Participating in the subscription of private equity fund shares this time is in line with the company's development strategy and corporate venture investment direction, and helps the company expand its industry chain cooperation resources.