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Baofeng Energy: Invests 93.6 million yuan to establish an investment fund
Baofeng Energy announced that the company and Beijing Beijiao United Investment Fund Management Co., Ltd. jointly established the Beijing Beijiao United Lingyue No. 2 Equity Investment Center (Limited Partnership). The total amount of capital that the investment fund will subscribe to is RMB 96.60 million, of which the company, as a limited partner, will subscribe to RMB 93.60 million, representing 96.89% of the contribution. The investment fund will be mainly used to invest in AI technology application projects.