Hua Railway: The subsidiary plans to contribute 120 million yuan to the high -end equipment industry investment fund

On the evening of August 2, 2022, the A -share company Hua Railway (000976.SZ) announced that Hua Tongda Technology, a wholly -owned subsidiary of the company, intends to be with Qingdao Science and Technology, Qingdao Huijin, Qingdao Guidance Fund, Huazi Shengtong, Shengtong, and Shengtong, and Shengtong, and Shengtong, and Shengtong, and Shengtong, and Shengtong, and Shengtong, and Shengtong, and Shengtong, and Shengtong, and Shengtong, Shengtong, and HuiziRui'an Investment, Dimensions Group/District Guide Fund, and Qingchuang Investment jointly launched the establishment of Qingdao Huazi Huahua Railway High -end Equipment Industry Investment Fund Partnership (Limited Partnership).

The scale of the industry fund is 500 million yuan, focusing on the target company in the field of high -end equipment in rail transit equipment.Huadongda Technology subscribed for 120 million yuan, with a capital contribution of 24%.

The company's participation in industrial fund investment will help focus on the company's core main business, and actively search for high -quality investment targets with strategic collaboration with the company in the field of high -speed rail and rail transit.Actively promote the company's business upgrade and strategic layout.

This investment is conducive to the integration of the resource advantages of all parties, using various professional financial instruments, rationally controlling risks, improving investment efficiency, improving the company's core competitiveness, and conforming to the company's extension development strategy.

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