Crystal Optoelectronics invested 10 million yuan to establish a partnership

Crystal Optoelectronics announced on the evening of April 7 that the company intends to cooperate with Zhejiang University Innovation Technology Research Institute Co., Ltd., Zhejiang Zhejiang University Joint Innovation Investment Management Partnership (Limited Partnership) and Ningbo Lianchuang Foundation Investment Partnership (Limited Partnership). Established Hangzhou Chuangrui Maige Investment Management Partnership (Limited Partnership). The registered capital of the partnership is set at RMB 20 million. The company plans to invest 10 million yuan, accounting for 50% of the registered capital of the proposed partnership.

The announcement stated that the foreign investment counterparty Zhejiang Zheda United Innovation Investment Management Partnership (Limited Partnership) and Ningbo Lianchuang Foundation Investment Partnership (Limited Partnership) accounted for 10% of the total investment of Hangzhou Chuangrui Maige Investment Management Partnership. This foreign investment event constitutes a connected transaction. The amount of this investment and the amount of related party transactions shall not be submitted to the shareholders' meeting for consideration within the approval authority of the board of directors.

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