-+ 0.00%
-+ 0.00%
-+ 0.00%
Dahua Co., Ltd. announced that the board of directors of the company reviewed and approved it to participate in the investment of Ningbo Zhixing Yueheng Venture Capital Partnership with its own capital of 500 million yuan as a limited partner. The fund aims to invest a total of 3.6 billion yuan. Shanghai Zhengxinggu Investment Management Co., Ltd. acts as the general partner and manager, and mainly invests in artificial intelligence model development, hardware manufacturing, and application-related targets in biomedicine, technology, and consumer fields. The fund lasts for 7 years, including an investment period of 4 years and an exit period of 3 years. This investment does not constitute a related transaction or major asset restructuring, and there is no need to submit it to the shareholders' meeting for consideration. Currently, the fund is still in the fundraising stage, and there is a risk that the investment will fall short of expectations or lose money.
Share
Listen to the news
Dahua Co., Ltd. announced that the board of directors of the company reviewed and approved it to participate in the investment of Ningbo Zhixing Yueheng Venture Capital Partnership with its own capital of 500 million yuan as a limited partner. The fund aims to invest a total of 3.6 billion yuan. Shanghai Zhengxinggu Investment Management Co., Ltd. acts as the general partner and manager, and mainly invests in artificial intelligence model development, hardware manufacturing, and application-related targets in biomedicine, technology, and consumer fields. The fund lasts for 7 years, including an investment period of 4 years and an exit period of 3 years. This investment does not constitute a related transaction or major asset restructuring, and there is no need to submit it to the shareholders' meeting for consideration. Currently, the fund is still in the fundraising stage, and there is a risk that the investment will fall short of expectations or lose money.
Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending