ZTE Corporation to Invest 200 Million Yuan in Guangdong-Hong Kong-Macao Fund for Strategic Industrial Opportunities

Stock News
Feb 06

ZTE Corporation (000063.SZ) announced its plan to commit 200 million yuan as a limited partner to subscribe to shares in the Guangdong-Hong Kong-Macao Greater Bay Area Venture Capital Guidance Fund Partnership. The company will also sign the corresponding partnership agreement. According to the announcement, the fund will primarily focus on sectors supported by national policies, including next-generation information technology, biotechnology, high-end equipment manufacturing, new materials and new energy, electronic hardware, and advanced materials. By investing in the Guangdong-Hong Kong-Macao Fund, ZTE aims to support the strategic implementation of its core business while seeking returns through participation in high-quality industrial investment opportunities.

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