Tianlong Laser: Intends to subscribe for 10 million yuan worth of 2.8986% initial shares in Zhanxin Fund.
Delong Laser announced that it intends to subscribe for 2.8986% of the initial fund shares of the Yuanhezhongyuan Zhanxin Fund with its own funds of 10 million RMB. The fund is still in the process of raising capital, and the total amount of capital contributions and the company's shareholding ratio will be determined based on the final fundraising situation. The fund focuses on investing in new generation information technology and future communication innovation. This investment constitutes a related party transaction, does not constitute a major asset restructuring, has been approved by the board of directors, and does not require approval from shareholders' meeting. However, there are uncertainties such as the signing of agreements, fund registration, and fundraising scale.
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