Expand investment channels. Yangtze Optical Fibre and Cable Joint Stock (601869.SH) subsidiary, Changfei Capital, and EverProX Technologies intend to participate in the third phase of the Shanghai Merger and Acquisition Fund.

Yangtze Optical Fibre And Cable Joint Stock (601869.SH) announced that its subsidiary Wuhan Changfei Capital Management Co., Ltd. (referred to as "Changfei Capital") and EverProX Technologies Technology Co., Ltd. (referred to as "EverProX Technologies") intend to participate as limited partners in the establishment of Shanghai M&A Fund III. The total subscription amount for all partners of Shanghai M&A Fund III is planned to be 830 million yuan, with Changfei Capital planning to contribute 60 million yuan and EverProX Technologies planning to contribute 40 million yuan. The announcement indicates that Shanghai M&A Fund III will focus mainly 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 subsidiary Changfei Capital and EverProX Technologies intend to subscribe to limited partnership interests in Shanghai M&A Fund III in order to leverage the resources and advantages of professional investment institutions in the field of equity investment, expand investment channels, and help the company consolidate and enhance its market position.