MetaLight Affiliate to Invest 40 Million Yuan in AI Venture Fund

MT Newswires Live

03/10

MetaLight (HKG:2605) said a consolidated affiliated entity, Wuhan Yuanguang Technology, agreed to invest 40 million yuan in an artificial intelligence-focused venture capital partnership, according to a Monday Hong Kong bourse filing.

The partnership will have a total subscribed capital of 101.1 million yuan and will primarily invest in artificial intelligence-related sectors within the digital economy.

Wuhan Yuanguang will participate as a limited partner alongside Guangzhou Angel Master Fund and Yuehe Ruicheng, while Chuangxiang Shidai Investment will serve as the general partner and fund manager.

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