Zhejiang Sanfer Electric (605336.SH) plans to invest 53 million yuan to subscribe to investment fund shares to expand diversified investment channels.

Zhejiang Sanfer Electric (605336.SH) announced that, in order to seize the investment opportunities in emerging industries and expand its diversified investment channels, the company plans to jointly invest in Xiamen Xinshilan Algorithm No. 2 Venture Capital Fund Partnership Enterprise (limited partnership) with Advantage Capital (Shanghai) Asset Management Co., Ltd. (hereinafter referred to as "Advantage Capital"), Fujian Bingzhong Investment Co., Ltd., Jiu Shi Tongyuan (Shanghai) Digital Technology Co., Ltd., Hangzhou Huifang Private Equity Fund Management Co., Ltd., Zhang Xiaotian, Zhu Lingjie, Huang Zhaohua, Zhao Jing, and Wang Di, with a total investment of RMB 53 million as a limited partner using its own funds.