Sanfeng Intelligent co-invests in RMB200m manufacturing venture capital fund

Sanfeng Intelligent Equipment Group Co., Ltd. and its wholly-owned subsidiary, Huangshi Jiufeng Intelligent Electromechanical Co., Ltd., have announced a co-investment in the Changjiang Guoxin Intelligent Manufacturing (Huangshi) Venture Capital Investment Fund Partnership (Limited Partnership). Both companies will contribute RMB10 million each, securing a 5% ownership stake in the RMB200 million fund.

The fund, managed by Hubei Changjiang Capital (Equity) Investment Fund Management Co., Ltd., aims to invest in smart manufacturing equipment, rail transit equipment, and green intelligent ship sectors. Other limited partners include Hubei Changjiang Industrial Investment Fund Co., Ltd. (RMB58 million), Huangshi Industrial Development Fund Partnership (Limited Partnership) (RMB30 million), Huangshi Science and Technology Innovation and Talent Group Co., Ltd. (RMB20 million), and Yantai Tongfu Technology Services Partnership (Limited Partnership) (RMB69 million).

This investment aligns with Sanfeng Intelligent's strategy to deepen its presence in the intelligent equipment sector. The company stated that the capital for this investment comes from its own funds and will not negatively impact its financial or operational activities.