According to Zhitong Finance App News, Shenzhen Fangfang A (000029.SZ) announced that the company plans to jointly invest with Shenzhen Investment Holdings Capital Co., Ltd. (hereinafter referred to as Investment Control Capital) and other entities to establish Shenzhen Shenzhen Investment Holdings Hongyi No. 1 Private Equity Investment Fund Partnership (limited partnership) (tentative name, subject to commercial registration) (hereinafter referred to as the target fund). Among them, the company plans to use its own capital to pledge an investment of RMB 160 million to become a limited partner (LP).

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.