Shanghai Titan Scientific Co., Ltd. (688133.SH) plans to invest 29 million yuan to subscribe for the seventh tranche of the relay fund.

Shanghai Titan Scientific Co., Ltd. (688133.SH) announced that in order to promote the company's strategic development and further expand its business scope, they will leverage the investment experience and financial advantages of professional investment institutions. This will help optimize and improve the company's industrial layout, providing good industry resources, technical support, and investment targets for the company's future strategic investments and mergers and acquisitions. This will better promote the company's business development, collaborative innovation, and ecological construction. The company plans to invest 29 million yuan as a limited partner in Shanghai Tailijingyuan Entrepreneurship Investment Partnership Enterprise (Limited Partnership) (tentative name, subject to the final business registration name). The fund mainly invests in early-stage technology startups in industries such as new materials and scientific services.