Sichuan Changhong (600839.SH) has officially declared its intention, in collaboration with its subsidiary Xinwang Technology and Changhong Equity Investment Company, to co-invest a substantial sum of 1 billion yuan alongside related entities like Huafeng Technology, for the purpose of establishing the Changhong Science and Technology Innovation Fund. Specifically, Sichuan Changhong and Xinwang Technology will jointly contribute 565 million yuan, representing a significant 56.5% stake in the total fund; meanwhile, Changhong Equity Investment Company will invest 3.5 million yuan, constituting 0.35% of the fund. The fund's primary investment focus will be on smart hardware sectors (encompassing smart home appliances and their core components), the burgeoning digital economy, and the healthcare industry. Notably, this transaction qualifies as a related-party transaction and has already secured approval from the board of directors, thereby negating the necessity for submission to the shareholders' meeting for further deliberation.