Shenzhen Phoenix Telecom Technology (301191.SZ) plans to indirectly invest in Nanfeiwei, which focuses on high-speed network communication interconnection chips.

Shenzhen Phoenix Telecom Technology (301191.SZ) announced that the company plans to jointly invest with professional investment institutions in the establishment of Qingcheng Xihe Feiling Nanxin Venture Capital Partnership Enterprise (Limited Partnership), which will specialize in investing in Shenzhen Nanfei Microelectronics Co., Ltd. ("Nanfei Micro"), a company related to high-speed network communication interconnection chips in the field of numerical communication and intelligent network scenes. The partnership enterprise will have a total committed investment of 40.8 million yuan, with the company as a limited partner planning to commit 20 million yuan of its own funds, accounting for 49.0196% of the total committed investment of the partnership enterprise. Mr. Yan Fenglu, Ms. Li Yu, and Mr. Chen Boyu, related parties of the company, plan to commit a total of 5.3 million yuan of their own funds, accounting for 12.9902% of the total committed investment of the partnership enterprise, with the remaining amount to be raised from other investors by the fund manager, Xihe Investment. It is reported that this investment in the target company through the establishment of an investment fund with professional investment institutions aims to explore greater synergistic value, enhance the company's overall competitive strength, and inject new energy into future development.