烽火通信科技股份有限公司关于参与投资设立基金合伙企业暨关联交易的公告

Core Viewpoint - The company plans to establish the Hubei Fenghuo Venture Capital Fund Partnership to invest in industries such as optical communication, industrial digitalization, semiconductors, and integrated circuits, aiming to support innovative enterprises in the new generation information technology sector and enhance its ecosystem [2][4][25]. Group 1: Investment Overview - The company will collaborate with several partners, including Unicom Zhanxin Fund, Guangxin First Fund, Hubei Provincial Investment Guidance Fund, and related parties to set up the Fenghuo Venture Capital Fund [2][4]. - The total committed capital for the Fenghuo Venture Capital Fund is set at RMB 1 billion, with the company contributing RMB 377 million, representing 37.7% of the total [5][14]. - The fund aims to continue the company's investment strategy initiated with the Wuhan Guanggu Fenghuo Industrial Investment Fund, which has entered its recovery phase [4][5]. Group 2: Fund Structure and Management - The fund will be managed by Wuhan Guanggu Fenghe Private Fund Management Co., Ltd., with a planned duration of seven years, including four years for investment and three years for recovery [18][22]. - Investment decisions will be made by a committee consisting of representatives from the company and its partners, with a voting system requiring a two-thirds majority for decisions [19][20]. - The fund will charge a management fee of 2% of the total committed capital during the investment period and 1.5% of the invested but not exited amount during the recovery period [22]. Group 3: Purpose and Impact - The investment is aligned with the company's overall strategy to build an ecosystem, enhance its industrial layout, and improve its risk resilience and profitability [25]. - The funding will come from the company's own resources and is not expected to significantly impact its existing operations or financial performance for the year 2025 [25].