Naiwei Technology Participating in Space Intelligent Information Industry Investment Fund

Recently, Wuhan Guanggu Naiwei Equity Investment Co., Ltd., a subsidiary of Naiwei Technology, plans to cooperate with Huangshi State-owned Assets Management Co., Ltd. and Space Intelligence (Huangshi) Technology Venture Capital Fund Management Co., Ltd. to establish Hubei Space Intelligence Information Industry Investment Fund Partnership (Limited Partnership), with a fund establishment scale of 0.125 billion yuan and a target scale of 0.25 billion yuan.

Neville Technology actively through endogenous growth and extension of mergers and acquisitions to implement the company's development strategy, while focusing on the development of the main industry at the same time actively participate in investment industry funds, previously involved in the investment of Beidou industry investment funds, semiconductor industry investment funds are operating well.

The purpose of this participation in the Spatial Intelligent Information Industry Investment Fund is to rely on the good development foundation of the high-tech industry in Hubei Province, especially the spatial geographic information industry, to carry out professional equity investment activities, to seek industrial investment with synergistic effects, and to accelerate The effective integration of high-quality industrial resources, obtain high-quality industrial layout opportunities, further enhance the company's comprehensive strength, industry status and competitiveness, and enhance the company's sustainable profitability, create more return on investment for shareholders.