According to Huafeng Technology's announcement, the company plans to jointly invest with related parties, Sichuan Changhong Electric Appliance Co., Ltd., its holding subsidiaries, Sichuan Changhong Xinwang Technology Co., Ltd., Sichuan Changhong Equity Investment Management Co., Ltd., and other investors to establish a Changhong Technology Venture Equity Investment Fund partnership. The Changhong Science and Technology Innovation Fund has pledged a total investment of 1 billion yuan, mainly investing in projects in the fields of smart hardware, digital economy, healthcare, etc. As a limited partner, the company pledged 50 million yuan of capital with its own capital, accounting for 5% of the total pledged investment.

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