Gelonghui, November 22nd - Huagong Technology (000988.SZ) announced that its wholly-owned subsidiary Wuhan Huagong Technology Investment Management Co., Ltd. intends to sign the "Wuhan Urban Circle High-quality Development Investment Fund Partnership Agreement" with Wuhan Wuchuang Capital Private Equity Investment Fund Management Co., Ltd., Hubei Province Investment Guidance Fund Co., Ltd., Wuhan Industrial Development Fund Co., Ltd., Wuhan Guochuang Innovation Investment Co., Ltd., Wuhan Jiangxia Technology Investment Group Co., Ltd., Hubei Xiachuang Xingyuan Industrial Investment Partnership Enterprise (Limited Partnership), Ezhou Wuepew Scientific and Technological Innovation Investment Fund Partnership Enterprise (Limited Partnership), Huanggang State-owned Capital Investment Operation Group Co., Ltd., Huangshi Industrial Investment Group Co., Ltd., Hubei Zhenghe Fund Investment Management Co., Ltd., Xianning Xiangcheng Industrial Guidance Fund Co., Ltd., Wuhan Mengshuo Information Technology Co., Ltd., collectively. Huagong Investment will use its own funds to invest not more than 50 million yuan in the Wuhan Urban Circle High-quality Development Investment Fund Partnership Enterprise (Limited Partnership) (referred to as the "Wuhan Urban Circle Fund"), and holds 5% of the property shares of the Wuhan Urban Circle Fund. As a limited partner of the Wuhan Urban Circle Fund, Huagong Investment shall bear limited liability within the scope of its committed capital. The partnership enterprise's external investments shall focus on the following areas: focusing on optoelectronic information, life health, new energy, connected vehicles, high-end equipment, smart logistics, and other fields.