hardyduchess3| Glacier Network: Subscribe for shares of Nanhai Growth Wanke Private Equity Fund for 50 million yuan

2024-05-14

Newsletter summary

Glacier Network invested 50 million yuan to subscribe for Shenzhen Nanhai growth Wanke Private Equity Fund Partnership, which has been raised.

Text of news flash

[glacier Network invested 50 million yuan in private equity fund] on May 14, Glacier Network announced that at the board meeting held on April 19, 2023, the company had adopted a resolution to use its own capital of 50 million yuan as a limited partner to participate in subscribing for the share of Shenzhen Nanhai growth Wanke private equity fund partnership (limited partnership) established by Shenzhen Tongchuang Jinxiu Asset Management Co., Ltd. At present, the fund management has informed Glacier Network that the investor of the partnership has changed and has been completed.Hardyduchess3Relevant industrial and commercial change registration has been made. It is reported that the fundraising work of the growth Bay Branch in the South China Sea has been successfully concluded.

This move marks the further layout of Glacier Network in the field of private equity investment, and is expected to realize the company's capital operation and optimize asset allocation with the resources and experience of professional investment institutions. At the same time, it also reflects the activity of the glacier network in the capital market and its keen grasp of investment opportunities.

hardyduchess3| Glacier Network: Subscribe for shares of Nanhai Growth Wanke Private Equity Fund for 50 million yuan

Shenzhen Nanhai growth Wanke Private Equity Fund Partnership focuses on technology investment and aims to promote scientific and technological innovation and industrial upgrading through capital operation. The completion of this raising is expected to bring more financial support to the fund and further promote its intensive cultivation in the field of science and technology investment.

As a high-tech enterprise with online game R & D and operation as its core business, Glacier Network's investment in private equity funds has been interpreted by the market as a positive exploration of the company's diversified development and capital operation. Investors can pay close attention to the follow-up progress of Glacier Network's investment and its potential impact on the company's performance.