Shenzhen H&T Intelligent Control's Subsidiary to Invest HKD 15 Million in Equity Fund for Portfolio Expansion

Stock News11-03

Shenzhen H&T Intelligent Control Co., Ltd. (002402.SZ) announced that its wholly-owned subsidiary, H&T Intelligent Control International Limited, recently signed a subscription agreement with Dream'ee (Hong Kong) Open-Ended Fund Company (OFC), its sub-fund Dream'ee JuneBeast Fund (the "Target Fund"), and Junyi (Hong Kong) Capital Limited (OFC’s fund manager). The subsidiary will invest HKD 15 million (approximately RMB 13.68 million) to acquire a 32.61% stake in the Target Fund.

The proceeds will primarily be allocated to cornerstone investments, anchor investments, IPO participations, and strategic placements in companies listed on the Hong Kong or U.S. stock exchanges. The company stated that partnering with professional investment institutions leverages their platform expertise, specialized teams, and project resources in equity investments. This collaboration aims to diversify the company’s investment channels, enhance synergies across its core business supply chain, improve capital efficiency, and support long-term industrial strategic development.

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