Wuhu 37 Interactive Entertainment Network Technology Group Co.Ltd(002555) ( Wuhu 37 Interactive Entertainment Network Technology Group Co.Ltd(002555) ) announced on March 18 that Anhui Taiyun, a wholly-owned subsidiary, plans to increase the capital of Guangzhou Xinxing Hanxi by 20 million yuan with its own funds.
The announcement shows that Guangzhou Xinxing Hanxi is initiated and established by Guangzhou emerging industry development fund and Guangzhou Xinxing Hanxi private equity fund. The manager of Guangzhou Xinxing Hanxi is Guangzhou emerging industry development fund. The tentative target total subscription scale is 297 million yuan. Anhui Taiyun plans to be a limited partner and increase its capital with its own funds by no more than 20 million yuan. Guangzhou will invest in the new generation of high-quality energy and new information technology industries, and Guangzhou’s new star will increase the value of new energy and new information materials.
Wuhu 37 Interactive Entertainment Network Technology Group Co.Ltd(002555) said that the purpose of this foreign investment is to realize capital appreciation by investing in high-quality enterprises in emerging industries such as new generation information technology, biology and health, new materials, new energy and new consumption. This foreign investment is conducive to expanding the company’s investment layout in emerging industries such as new generation information technology, biology and health, new materials, new energy and new consumption, promoting the benign complementarity of the company’s industrial operation and capital operation, further improving the company’s overall competitiveness and in line with the interests of all shareholders of the company.
