---
title: "WISCOM: Plans to participate in the establishment of a 1 billion yuan industrial fund with a subscribed capital contribution of 240 million yuan, accounting for 24%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/275608293.md"
description: "WISCOM announced that the company plans to establish a 1 billion yuan industrial fund as a limited partner with other companies, contributing 240 million yuan, accounting for 24%. This transaction constitutes a related party transaction but does not constitute a major asset reorganization, has been approved by the board of directors, and is pending approval by the shareholders' meeting"
datetime: "2026-02-11T12:57:21.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/275608293.md)
  - [en](https://longbridge.com/en/news/275608293.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/275608293.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/275608293.md) | [繁體中文](https://longbridge.com/zh-HK/news/275608293.md)


# WISCOM: Plans to participate in the establishment of a 1 billion yuan industrial fund with a subscribed capital contribution of 240 million yuan, accounting for 24%

WISCOM announced that the company plans to act as a limited partner to jointly invest with Zhejiang Merchants Venture Capital Co., Ltd., Huzhou Innovation and Entrepreneurship Investment Co., Ltd., and others to establish Huzhou Zhichuang Integration Venture Capital Partnership (Limited Partnership). The total subscribed capital of the fund is RMB 1 billion, and the company will contribute RMB 240 million from its own funds, accounting for 24.00% of the total subscribed capital. This transaction constitutes a related party transaction but does not constitute a major asset reorganization as defined by the "Administrative Measures for the Restructuring of Listed Companies." It has been approved by the company's independent directors' special meeting and the board of directors, and is subject to approval by the shareholders' meeting.

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