According to Zhitong Finance App News, Shengbang Co., Ltd. (03661) announced that in order to promote the long-term development of the company, make full use of the strength and resource advantages of professional investment institutions to further broaden the company's industry sector and enhance overall competitiveness, without affecting the company's daily operations and development, and effectively controlling investment risks, Shengbang Microelectronics (Beijing) Co., Ltd. (hereinafter referred to as the “Company”) as a limited partner to participate in the subscription of Nanjing Yuanfeng Panmao Equity Investment Fund Partnership (limited partnership) (hereinafter referred to as the “partnership”).

The company subscribes to partnership shares with its own capital to moderately participate in venture capital to ensure the normal operation of the company's main business. It helps the company to draw on the professional investment experience of partners, expand investment channels, seize investment opportunities in related fields, obtain venture capital returns, improve the efficiency and return of capital use, and does not affect the company's cash flow and normal operation of the company's business. Judging from the scale of investment, investment progress and investment field, this matter will not have a significant impact on the company's current financial situation and operating results.

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