Kuangda Technology Group (002516.SZ) plans to invest 10 million yuan in a private equity fund.

Kuangda Technology Group (002516.SZ) announced that the company intends to invest 10 million yuan using its own funds to subscribe for limited partnership shares in Shanghai Muyuan Huizhi Jushi Private Placement Fund Partnership (Limited Partnership). The targeted subscription scale of the fund is 1 billion yuan, and the fund primarily focuses on investing directly or indirectly in equity investments, quasi-equity investments, or engaging in activities related to investments in companies within the cutting-edge technology sector. By participating in this investment fund, the company aims to deepen its industrial cooperation with leading enterprises in the supply chain, directing investments toward innovative companies and creating synergies in aspects such as supply chain support, joint research and development, and order integration with its flexible materials and flexible sensing businesses. Additionally, it plans to leverage the project channels of the fund manager and enterprises in the industry chain to reserve technical and project resources for the company.