Core Viewpoint - The company, Huagong Technology Industry Co., Ltd., has approved a joint investment with a professional investment institution, establishing the Huagong Future (Wuhan) Venture Capital Fund, with a total subscription amount of 200 million RMB, of which the company contributes 98 million RMB, representing 49% of the fund's total subscription [2][3]. Group 1: Basic Information - Huagong Technology held its 18th meeting of the 9th Board of Directors on October 23, 2025, where it approved the investment proposal [2]. - The company’s wholly-owned subsidiary, Wuhan Huagong Technology Investment Management Co., Ltd., will invest up to 98 million RMB in the fund [2]. Group 2: Progress Update - The Huagong Future Fund has completed its registration with a total subscribed capital of 200 million RMB, with Huagong Investment contributing 98 million RMB [3]. - The fund is registered as a limited partnership and has its business address in Wuhan, Hubei Province [3]. Group 3: Other Matters - The company will fulfill its information disclosure obligations in accordance with relevant laws and regulations as the investment progresses [3].