Guangdong Guangzhou Daily Media (002181.SZ) subsidiary plans to invest 28 million yuan to subscribe for private equity investment fund shares.
Guangdong Radio and Television Media (002181.SZ) announced that its wholly-owned subsidiary, Guangdong Guangbao Investment Co., Ltd., intends to use its own funds of 28 million yuan to subscribe for shares in the Shenzhen Artificial Intelligence Terminal Industry Private Equity Investment Fund Partnership (Limited Partnership). Upon completion of the subscription, it will account for 1.4909% of the total capital contribution of the fund. The fund aims to raise 2 billion yuan and focuses primarily on industrial investments, particularly targeting high-quality projects that integrate both software and hardware, with an emphasis on end-user solutions. This investment is beneficial for the company to capture incremental opportunities brought about by technological advancements in the cultural industry and market upgrades, facilitating industry transformation and upgrading.
Guangdong Guangzhou Daily Media (002181.SZ) announced that its wholly-owned subsidiary, Guangdong Guangbao Investment Co., Ltd., intends to use its own funds of 28 million yuan to subscribe for shares in Shenzhen Artificial Intelligence Terminal Industry Private Equity Investment Fund Partnership (Limited Partnership). Upon completion of the subscription, it will account for 1.4909% of the total subscribed capital of the fund. The target fundraising size of this fund is 2 billion yuan, focusing primarily on industrial investment, with key investments in quality projects that integrate hardware and software, particularly those leaning towards terminal applications. This investment is beneficial for the company to capture incremental opportunities brought by technology-driven changes in the cultural industry and market upgrades, and to promote industrial transformation and upgrading.
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