Huagong Tech (000988.SZ) has declared that Huagong Investment, its wholly-owned subsidiary, is set to co-establish the Huagong Future Fund in partnership with Huagong Ruiyuan, Wuhan Fund, and other entities, securing a 49% stake in the fund's assets. This fund aims to pool together resources from the Central Research Institute of Huagong Tech, Jiufengshan Laboratory, Optics Valley Laboratory, various scientific research institutions, and universities. Its primary focus will be on uncovering investment opportunities within cutting-edge sectors such as AI (Artificial Intelligence), robotics, the integration of medicine and engineering, the low-altitude economy, and the entire industrial chain, encompassing both upstream and downstream segments.
