Hongchang Technology (301008.SZ) plans to invest 150 million yuan in a partnership company to expand into high-end equipment manufacturing, new materials, and other fields.

Intelligent Financial News App, Hongchang Technology (301008.SZ) announced that the company plans to jointly invest in an external investment with its own funds and professional investment institutions, investing in Hua Jing Dong Zhe High-Quality Innovation and Entrepreneurship Investment Partnership (Limited Partnership) (tentative name). The total amount of subscribed capital for all partners in this round is 503 million yuan, and the company plans to subscribe 150 million yuan with its own funds, with a contribution ratio of 29.82%. The partnership will mainly invest in industries encouraged by the government such as high-end equipment manufacturing, new materials, new generation information technology, artificial intelligence, life and health, and cutting-edge technology.