Cofoe Medical Joins Consortium to Establish Hangzhou AI Venture Fund

Stock News02-13

Cofoe Medical Technology Co., Ltd. (301087.SZ) has announced the signing of a partnership agreement with Guangzhou Danlu Equity Investment Management Co., Ltd., Hangzhou High-tech Venture Capital Management Co., Ltd., Shenzhen Xinhao Xinxing Venture Capital Co., Ltd., Hangzhou Gongshu Industrial Fund Co., Ltd., and Sequoia Yuhui (Xiamen) Equity Investment Partnership to jointly establish the Hangzhou Gongshu District Danlu Talent AI Venture Investment Fund. The total committed capital from all partners amounts to 80 million yuan, with Cofoe Medical contributing 20 million yuan from its own funds, representing a 25.00% stake. The fund's investment focus aligns with Cofoe Medical's core business operations. This investment aims to leverage the resources and investment management expertise of all parties involved to enhance the company's investment returns and capital operation capabilities, expand its industrial layout, and promote sustainable development, while ensuring the steady growth of its main business.

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