The subsidiary of Digital China Group (000034.SZ) plans to invest $500,000 in a technology-focused fund.
Shenzhou Digital (000034.SZ) announced that its wholly-owned subsidiary, Shenzhou Digital (Hong Kong) Limited (referred to as "Shenzhou Hong Kong"), will cooperate with a professional investment institution. Shenzhou Hong Kong, as a limited partner, will subscribe to $500,000 fund units with its own funds and has signed a "Subscription Agreement". The main investment direction of the fund is technology-related companies, which has strong synergy with the company's future strategic planning.
Digital China Group (000034.SZ) announced that its wholly-owned subsidiary, Digital China Group (Hong Kong) Limited (referred to as "Shenma Hong Kong"), will cooperate with professional investment institutions. Shenma Hong Kong will subscribe for $500,000 of fund shares with its own funds as a limited partner and has signed a Subscription Agreement. The fund will primarily invest in technology-related enterprises, which align well with the company's future strategic plans.
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