Huali Technology announced that the company plans to jointly invest and establish the “Guangzhou Tianze Huasheng Venture Capital Fund Partnership” with Wanlian Tianze and other institutions. The fund has pledged 100 million yuan, and the company has pledged 35 million yuan, accounting for 35%. The company's board of directors reviewed and passed the bill on July 30, and there is no need to submit it to the shareholders' meeting. This investment does not constitute a related or major asset restructuring. The Industrial Fund has existed for 7 years and mainly invests in unlisted companies such as animation, culture and creativity. The investment is not expected to affect the normal operation of the company, but there is uncertainty about fund filing and implementation, and there is a risk that the benefits will not meet expectations or loss.

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