ZTE Corporation (000063.SZ) plans to invest 200 million yuan in the Guangdong-Hong Kong-Macao Greater Bay Area Fund to layout high-quality industry investment targets.
ZTE Corporation (000063.SZ) announced that the company plans to subscribe to 200 million yuan of shares as a limited partner in the Guangdong-Hong Kong-Macao Greater Bay Area Venture Capital Guidance Fund (Limited Partnership) (referred to as the "Guangdong-Hong Kong-Macao Fund") and signed the "Guangdong-Hong Kong-Macao Greater Bay Area Venture Capital Guidance Fund Limited Partnership Agreement".
ZTE Corporation (000063.SZ) announced that the company plans to invest 200 million yuan as a limited partner to subscribe for shares of the Greater Bay Area Entrepreneurship Investment Guidance Fund Partnership Enterprise (Limited Partnership) (referred to as the "GBA Fund"), and sign the "Greater Bay Area Entrepreneurship Investment Guidance Fund Partnership Enterprise (Limited Partnership) Partnership Agreement".
According to the announcement, the fund will focus on fields supported by national policies such as next-generation information technology, biotechnology, high-end equipment manufacturing, new materials and new energy, electronic hardware, and advanced materials. By investing in the GBA Fund, ZTE Corporation aims to support the strategic execution of its core business on one hand, and on the other hand, to obtain investment returns by participating in high-quality industry investment opportunities.
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