Broadening investment channels Changfei Capital and Changxin Bochuang, a subsidiary of Changfei Optical Fiber (601869.SH), plan to participate in the third phase of the Shanghai M&A Fund

Zhitong Finance App News, Changfei Optical Fiber (601869.SH) announced that the company's subsidiaries Wuhan Changfei Capital Management Co., Ltd. (“Changfei Capital”) and Changxin Bochuang Technology Co., Ltd. (“Changxin Bochuang”) intend to participate in the establishment of the Shanghai M&A Fund Phase III as limited partners. The proposed subscription amount for all partners of the third phase of the Shanghai M&A Fund is 830 million yuan, of which Changfei Capital plans to invest 60 million yuan and Changxin Bochuang plans to invest 40 million yuan.

According to the announcement, the third phase of the Shanghai M&A Fund mainly focuses on equity investment opportunities such as mergers and acquisitions in industries supported by national policies such as high-end manufacturing, integrated circuits, new materials, new energy, and information technology. The company's subsidiary Changfei Capital and Changxin Bochuang have subscribed to the Shanghai M&A Fund Phase III limited partnership shares. The aim is to use the resources and advantages of professional investment institutions in the field of equity investment to broaden investment channels and help the company consolidate and enhance its market position.