Zhejiang Huace Film & TV (300133.SZ) subsidiary plans to contribute 100 million yuan to invest in Hangzhou Junlian Fund.

Zhejiang Huace Film & TV (300133.SZ) announced that, to meet strategic development needs and accelerate the company's business layout and ecosystem synergy in the artificial intelligence sector, its subsidiary Zhejiang Film & Television Industry International Cooperation Experimental Zone Xixi Investment Management Co., Ltd. ("Xixi Investment") plans to contribute 100 million yuan of its own funds to subscribe for a share in Hangzhou Junlian Jiatu Equity Investment Partnership (Limited Partnership) ("Hangzhou Junlian"), initiated and established by Beijing Junqi Enterprise Management Co., Ltd., and serve as a limited partner. Following this investment, Hangzhou Junlian will have a scale of 704 million yuan (as of the date of the announcement), with Xixi Investment contributing 100 million yuan of its own funds as a limited partner, accounting for 14.21%. The partnership's investment areas include: artificial intelligence and related application enterprises, or other technological innovation fields.