SHANGHAI FUDAN (01385) plans to invest no more than 300 million yuan in subscribing to an industrial fund initiated by Guosheng Capital.

SHANGHAI FUDAN (01385) announced that in order to seize the development opportunities in the integrated circuit industry, and by leveraging the resource advantages and management experience of professional investment institutions, the company intends to further expand its industrial layout in the field of cutting-edge integrated circuit technologies and strengthen the expansion of its product application areas. The company plans to invest as a limited partner with its own funds not exceeding RMB 300 million (including the principal) to subscribe to an industrial fund initiated by Guosheng Capital. The company intends to sign a partnership agreement and related legal documents with the general partner and other fund partners regarding the aforementioned investment matter. The purpose of participating in the establishment of the industrial fund is to leverage the industry experience and resource advantages of professional investment institutions, accurately grasp the development opportunities of new technologies and new fields, further expand the application boundaries of the companys products, construct a long-term industrial ecosystem, and promote the high-quality development of the main business, which aligns with the companys overall operational development strategy.