Shunwang Technology announced that as a limited partner, the company plans to use 50 million yuan of its own capital to jointly invest with partners such as Beijing Zhongxing Zhiyuan Private Equity Fund Management Co., Ltd. to establish a Guangzhou Zhongxing Lixin Venture Capital Fund partnership. The fund has pledged a total investment of 880 million yuan and will last for 8 years. It mainly invests in unlisted companies in hard technology and cutting-edge fields such as next-generation electronic information technology, integrated circuits, new energy and energy storage. This investment is a financial investment. It does not constitute a related transaction or major asset restructuring. There is no need to submit it to the shareholders' meeting for review, and the fund is not included in the scope of the company's consolidated statements.

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