Xiaomi Changjiang Industrial Fund invested in Fute Technology and became the fifth largest shareholder

In September 2021, Xiaomi Changjiang Industry Fund subscribed 3.8133 million new shares of Fute Technology at a price of 100 million yuan, becoming the fifth largest shareholder of Fute Technology. Fute Technology is mainly engaged in the research and development, production and sales of high-voltage power supply systems for new energy vehicles.