YOFC (06869) plans to invest HK$31.3 million to subscribe for private equity fund shares, aiming to expand in the cutting-edge technology sector.

YOFC (06869) announced that its wholly-owned subsidiary Changfei International Investment Company recently signed the "FutureTech Stars- HKU Venture LPF Limited Partnership Agreement" with FutureTechStarsInvestment Limited. FutureTech Stars Investment Limited, as a general partner, holds 2% of the private equity fund partnership interests. The company plans to subscribe for HKD 31.3 million with its own funds, holding approximately 20.17% of the private equity fund partnership interests as a limited partner. FutureTech Stars focuses on core technology areas such as next-generation information technology, advanced manufacturing, new energy, new materials, and life sciences, and invests in early-stage technology startups. Changfei International Investment Company's participation in subscribing for private equity fund limited partnership interests is aimed at leveraging the resources and advantages of professional investment institutions in the field of equity investment to expand investment channels. At the same time, the focus areas of FutureTechStars have potential synergies with the company's business, which can help the company improve its strategic layout and consolidate its market position.