Yuxin Technology: Plans to invest 39 million yuan to participate in the establishment of a special fund, mainly investing in early and mid-stage technology companies in artificial intelligence, big data, and related industrial chains
Yuxin Technology plans to invest 39 million yuan in a new 200 million yuan fund focused on early-stage artificial intelligence and big data companies. The fund, named Deqing Yuxin, will be established in collaboration with investment firm Huijin Deqing and Yuxin Shuzhi. This move is considered a related party transaction and has been approved by the board of directors. AI
IMPACT This investment signals continued financial commitment to early-stage AI and big data ventures by established tech companies.