Kuangda Technology announced that the company plans to use its own capital of 10 million yuan to pledge the limited partnership share of Shanghai Mu Yuanhui Smart Private Equity Fund Partnership. The target subscription scale of the fund is 100 billion yuan, and the initial investment amount is 295 million yuan. It mainly focuses on investments in cutting-edge technology-related industries. The company's affiliate, Zhuzhou High-tech Industry Guidance Fund, is also a limited partner of this fund and has pledged an investment of 10 million yuan. This joint investment forms a related transaction. The transaction has been reviewed and approved by the board of directors of the company and does not need to be submitted to the shareholders' meeting

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