APT ELECTRONICS (02551) plans to invest 20 million yuan in setting up a private equity investment fund.

APT Electronics (02551) announced that as a limited partner, the company intends to enter into a partnership agreement with Dazhong Transportation (Group) Co., Ltd. (listed on the Shanghai Stock Exchange, stock codes: 600611.SH, 900903.SH, as an independent third party), as well as four other independent third parties (all as limited partners) and Dazhong Juding (Shanghai) Private Equity Fund Management Co., Ltd. (as the general partner), to establish a private equity investment fund named "Ma'anshan Zhongsongjingchuang Entrepreneurship Investment Partnership Enterprise (Limited Partnership)" with a fund size of 150 million yuan. The Group's cash subscription amount to the fund will be 20 million yuan, accounting for approximately 13.3333% of the total capital contribution to the fund, which will be paid from the company's internal resources. It is expected that the fund will not be consolidated as a subsidiary of the company. According to the partnership agreement, Dazhong Juding (Shanghai) Private Equity Fund Management Co., Ltd. will serve as the fund manager. The fund's investment scope will primarily focus on investments in the semiconductor, artificial intelligence, automotive electronics, and other sectors. This transaction aligns with the company's consistent investment strategy, where the Group aims to identify and invest in high-potential targets with strategic synergies, expecting to achieve sustainable investment returns while establishing and enhancing strategic partnerships with companies along the capital and industrial chain. In this transaction, the Group can fully utilize the resources of the fund's professional investment team to effectively control the risks of mergers and acquisitions and innovation projects, ensuring the quality of target companies, building a reserve of high-quality strategic project resources, and enhancing the Group's long-term sustainable development capability.