Shanghai Longcheer Technology's Subsidiary to Invest RMB 30 Million in Venture Capital Fund

Stock News11-24

Shanghai Longcheer Technology Co., Ltd. (603341.SH) announced that its wholly-owned subsidiary, Longcheer Intelligent Technology (Shanghai) Co., Ltd., signed a partnership agreement on November 24, 2025, to participate as a limited partner in Shanghai Lingzhi Xinchuang Venture Capital Partnership (Limited Partnership). The subsidiary plans to invest RMB 30 million of its own capital, representing 23.08% of the total committed capital.

This venture capital fund primarily focuses on early-stage and small-scale investments, targeting innovative companies in the embodied AI industry chain. The fund will engage in direct or indirect equity investments, quasi-equity investments, or related activities, covering upstream key materials and components such as servo systems, motors, controllers, reducers, and sensors; core software systems and AI algorithms; midstream robot manufacturing and integration; and downstream robotic application solutions.

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