EverProX Technologies (300548.SZ) plans to invest 40 million yuan to establish the third phase of the Shanghai M&A Fund, focusing on industries supported by national policies.

EverProX Technologies (300548.SZ) announced that the company plans to participate in the establishment of Shanghai M&A Private Equity Fund III Limited Partnership (referred to as "Shanghai M&A Fund III"). The total amount of capital to be contributed by all partners of the partnership is 830 million yuan, with the company as a limited partner subscribing to 40 million yuan with its own funds. Shanghai M&A Fund III will mainly focus on equity investment opportunities in industries supported by national policies such as high-end manufacturing, integrated circuits, new materials, new energy, and information technology. The announcement stated that the purpose of this investment in the M&A fund is to leverage the resources and advantages of professional investment institutions in the field of equity investment, expand the company's investment channels, and help the company consolidate and enhance its market position.