On February 4, Homking Optoelectronics disclosed that it had entered into a partnership agreement on February 3 with Shanghai Muhua Jinyu Equity Investment Management Partnership (a Limited Partnership entity) alongside other limited partners. The collective aim is to co-invest in the establishment of the Gongqingcheng Muzhi Hechuang Venture Capital Partnership (also a Limited Partnership). This fund is set with a targeted subscribed capital of 290 million yuan, with an initial closing amounting to 72.5 million yuan. Its primary focus will be on making equity investments, quasi-equity investments, or engaging in related endeavors within industries closely tied to artificial intelligence and embodied intelligence. The fund's operational lifespan spans seven years, commencing from the date of its initial closing, with the initial four years earmarked as the investment phase. As a limited partner, Homking Optoelectronics intends to utilize 3 million yuan of its own capital to subscribe for shares in the fund. Moreover, other entities such as Dayang Motor, Zhimingda, and Tongxing Technology have also joined in the fund's investment.