Shanghai Pudong Construction announced that the company plans to invest a total of 0.205 billion yuan to participate in the establishment of the Shanghai Pudong Collaborative Venture Capital Fund. The company will contribute 0.2 billion yuan as a limited partner and jointly contribute 4.9 million yuan with the controlling shareholder, Pudong Group, to set up Shanghai Xingchuang Technology. The fund's fundraising scale is 0.402 billion yuan and will invest in innovative and entrepreneurial technology enterprises. The investment matters between the company and Pudong Group constitute a related transaction but do not constitute a significant asset reorganization.
浦东建设：投资2.05亿元设立浦发协同基金
Shanghai Pudong Construction: Invest 0.205 billion yuan to establish the Shanghai Pudong Collaborative Fund.
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