Suzhou TFC Optical Commits 30 Million Yuan to Tech Partnership Fund

MT Newswires Live10-27

Suzhou TFC Optical Communication (SHE:300394) plans to make a capital contribution of 30 million yuan to a partnership fund investing in the technology sector, according to a Shenzhen bourse filing on Monday.

The five-year partnership fund, called Xiamen Yuanfeng Panfeng Equity Investment Fund Partnership (Limited Partnership), will target companies in the optical communications, electronic information, and semiconductor sectors. Tianjin Rongtuo Enterprise Management Partnership (Limited Partnership) serves as the fund's general partner.

Following the investment, the fiber optic component manufacturer will hold 96.77% of the partnership's total subscribed capital.

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