Donghu High-tech Co., Ltd. is actively participating in initiating the establishment of Industrial Control Gaodong Fund, with a total scale of 500 million yuan, of which Donghu High-tech Co., Ltd., as a limited partner of Industrial Control Gaodong Fund, has subscribed 245 million yuan. Donghu High-tech also plans to transfer the control right of Hubei Luqiao Group Co., Ltd., a wholly-owned subsidiary, to an enterprise indirectly controlled by the company's controlling shareholder.
This will help Donghu High-tech to further concentrate superior resources and develop environmental protection technology and related businesses in the science and technology park. All these measures indicate that Donghu High-tech is making an active strategic layout and restructuring attempt.