Core Viewpoint - DreamNet Technology (002123) announced its plan to invest in a private equity fund aimed at high-end equipment industry, with a target fundraising scale of 2 billion yuan [1][2]. Group 1: Investment Details - The partnership will involve DreamNet and other limited partners, with a total subscription amount of 1.54 billion yuan, and DreamNet's contribution being 50 million yuan, representing 3.2468% of the total [1][2]. - The fund's primary investment areas include industrial mother machines, laser and additive manufacturing, precision instruments, and rail transportation, with each of the first three sectors receiving at least 20% of the investment [2][3]. - The fund management will be led by Shenzhen High-tech Investment Talent Equity Investment Fund Management Co., Ltd., which was established in December 2016 [2]. Group 2: Financial Performance - For 2024, DreamNet's projected revenue is 4.404 billion yuan, a decrease of 15.87% year-on-year, while the net profit attributable to shareholders is expected to be 38.1727 million yuan, an increase of 102.09% [3]. - In the first quarter of this year, DreamNet reported a revenue of 721 million yuan, down 34.49% year-on-year, with a net profit of 3.7331 million yuan, a decline of 57.76% [3]. Group 3: M&A Activity - Recently, DreamNet is planning an acquisition, intending to purchase 100% of Hangzhou Bicheng Digital Technology Co., Ltd. for a total price of 1.28 billion yuan, while raising up to 830 million yuan in supporting funds [4].