[Zhaofeng shares: plans for 50 million yuan to participate in the establishment of Wuhu Longhu Intelligent Network Union Automobile Industry Fund Partnership (Limited Partnership)] June 4, Zhaofeng Co., Ltd. plans to jointly invest with Junrui Investment, Hongyuan Investment, Huada Technology, and Wang Jun to set up Wuhu Longhu Intelligent Network Automotive Industry Fund Partnership (Limited Partnership). The target contribution of the industry fund is 200 million yuan, of which the company, as a limited partner, contributes 50 million yuan with its own funds. The fund will focus on the layout investment of "the high-quality target on the intelligent network connection automobile industrial structure chain", and invest appropriately in the fields related to industrial transformation and upgrading.