Core Viewpoint - Shanghai Huace Navigation Technology Co., Ltd. is establishing an industrial fund in collaboration with professional investment institutions to promote long-term development and leverage resources for discovering quality projects [1]. Group 1: Investment Fund Details - The total subscribed capital of the industrial fund is 252 million yuan, with Ningbo Xihe contributing 125 million yuan, accounting for 49.60% of the total [1]. - The fund has completed the business registration process and obtained a business license [1]. Group 2: Investment Focus - The industrial fund will focus on high-precision positioning navigation, intelligent perception, and intelligent control technologies, targeting investments in smart IoT and new forms of smart devices [1]. - Specific areas of investment include chips, components, smart devices, and the application of AI in vertical industries, aiming to uncover new opportunities in innovative technologies and applications along the industry chain [1][2]. Group 3: Investment Stage - The investment stage will primarily focus on early-stage investments, emphasizing projects related to intellectual property and the transformation of scientific research achievements from universities and research institutions [2]. - The fund will also consider controlling stakes and projects with future acquisition potential [2].