Changfei Optical Fiber (601869.SH) subsidiary plans to invest 170 million yuan to participate in the establishment of the Changfei Smart Fund

Zhitong Finance App News, Changfei Optical Fiber (601869.SH) announced that the company's subsidiary, Wuhan Changfei Capital Management Co., Ltd. (“Changfei Capital”), intends to participate as a limited partner in the establishment of the Changfei Jiangcheng Smart Venture Capital Fund (Wuhan) partnership (limited partnership) (“Changfei Smart Fund”). The size of the Changfei Smart Fund is 500 million yuan, of which Changfei Capital plans to invest 170 million yuan.

Changfei Smart Fund focuses on strategic emerging industries and future industries such as artificial intelligence, high-end manufacturing, semiconductors and integrated circuits, and focuses on investing in optoelectronic chips, optical interconnection, optical exchange, smart terminal optical transmission and related optical solutions; at the same time, it also expands the artificial intelligence and humanoid robot industry chain to explore enterprises with core technology in the fields of intelligent sensing, robot bodies, control systems, and computing power. Based in Hubei, the Changfei Intelligent Fund is deeply integrated into the local industrial development layout, cultivating high-quality local science and innovation projects, introducing global innovation elements, improving the collaborative innovation system for optoelectronic information and intelligent equipment, and helping to seize the high ground of the future industry of artificial intelligence and humanoid robots.

Changfei Capital participated in subscribing to private equity fund shares with the aim of using the resources and advantages of professional investment institutions in the field of investment to broaden investment channels. At the same time, the key investment direction of Changfei Smart Fund is in line with the company's main business direction. The company can use its industrial advantages in the fields of computing power infrastructure and intelligent manufacturing to achieve synergy effects with invested enterprises in the fields of business and R&D.