Tongyu Communication plans to invest 10 million yuan in a satellite communications investment fund

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Tongyu Communication announced that it plans to participate as a limited partner with a capital contribution of 10 million yuan from its own funds in the establishment of Qingdao Qiheng Flame No. 3 Venture Capital Fund Partnership, with a subscription ratio of 13.07%. The move aims to leverage the industry experience and resource advantages of professional investment institutions to continuously deepen the company's presence in the satellite communications sector.

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Tongyu Communication Inc
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Company invests 10 million yuan in a satellite communications venture capital fund to deepen sector presence.