Guanghetong announced that Shenzhen Guanghetong Investment and Development Co., Ltd., a wholly-owned subsidiary of the company, plans to jointly invest in the establishment of a Shenzhen Qianhai Kunpeng AI terminal and application industry private equity investment fund partnership with institutions such as Kunpeng Zhanyi and Qianhai Mathematics. The total size of the fund is 900 million yuan. As a limited partner, Guanghetong Investment has pledged an investment of 50 million yuan, accounting for 5.56%. The investment direction of the fund is in fields related to artificial intelligence terminals and applications. This investment does not need to be submitted to the company's board of directors or shareholders' meeting for consideration, does not constitute a major asset restructuring, and does not involve related transactions. The fund still needs to complete the registration with the China Foundation Association, and there is uncertainty about the progress of subsequent fund-raising and investment.

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