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Kyland Technology (Stock Code: 300353.SZ) has declared its intention to allocate RMB 108.5 million from its internal reserves towards the joint establishment of the Sichuan Chengde High-Tech Venture Capital Investment Fund (in the form of a Limited Partnership). The fund is set to amass a total capital pool of RMB 620 million, with Kyland Technology's stake representing 17.5% of this sum. It's important to note that this investment endeavor is devoid of any elements of horizontal competition, transactions with related parties, or significant asset restructuring activities. Kyland Technology remains committed to closely tracking the fund's progression and will ensure the prompt and transparent dissemination of pertinent information as events unfold.
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