MAIXINLIN(SH:688685) 智通财经网·2025-11-18 12:12Core Viewpoint - The company plans to invest in a partnership with Mr. Bai Bing to establish Suzhou Zhuiguang Times Venture Capital Partnership, with a total investment ranging from RMB 201 million to RMB 311 million, aiming to enhance its capabilities in the photonic computing sector [1][2] Group 1: Investment Details - The company will contribute between RMB 200 million and RMB 310 million, holding approximately 99.50% of the partnership, while Mr. Bai Bing will invest RMB 1 million for a 0.50% stake [1] - The partnership plans to increase capital in Guangzi Suanshu (Nanjing) Technology Co., Ltd. by RMB 201 million to RMB 311 million, acquiring equity without control [1] Group 2: Business Implications - Guangzi Suanshu focuses on the construction and delivery of photonic interconnection computing cluster systems, providing a fully domestic solution for the optical electronics industry and domestic computing power construction [1] - The company's current computing power-related business integrates and schedules underlying computing and network resources, with Guangzi Suanshu as a potential upstream supplier, impacting service quality and market competitiveness [2] - The planned capital increase aims to achieve key technology autonomy, enhance computing power performance, and expand high-value-added scenarios [2]