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The wholly-owned subsidiary of Luoyang Molybdenum Industry (03993) plans to invest a total of 900 million yuan to subscribe to two private equity fund shares
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According to Zhitong Finance App News, Luoyang Molybdenum Industry (03993) announced that in order to further expand investment channels and enhance investment efficiency, the company's wholly-owned subsidiary Tibet Schmoke plans to subscribe for fund shares as a limited partner, namely: investing 500 million yuan to subscribe to Nanjing Yuanfeng Fund's fund share; investing 400 million yuan of its own capital to subscribe for the fund share of the Harmonious Growth Phase IV Fund.



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