APT Electronics Launches Fund Partnership for Strategic Investments

Reuters
Oct 20
APT Electronics Launches Fund Partnership for Strategic Investments

APT Electronics Co. Ltd. has announced its intention to make a cash contribution of RMB20 million as a limited partner in a new investment fund, representing approximately 13.33% of the fund's total capital commitment. The fund, managed by Dazhong Juding (Shanghai) Private Equity Fund Management Co., Ltd., will focus on investments in semiconductors, artificial intelligence, automotive electronics, and related fields. The company will use its internal resources for this investment, and the fund is not expected to be accounted for as a subsidiary. The transaction does not qualify as a disclosable or connected transaction under Hong Kong Stock Exchange rules and remains subject to regulatory procedures.

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