Changxing Bochuang (300548.SZ) plans to invest 40 million yuan in setting up Shanghai M&A Fund Phase III, focusing on industries supported by national policies.

Zhixin Finance APP news, Changxin Bichuang (300548.SZ) announced that the company plans to participate in the establishment of the Shanghai M&A Private Equity Fund Phase III Partnership Enterprise (Limited Partnership) (hereinafter referred to as "Shanghai M&A Fund Phase III"). The total capital to be contributed by all partners of the partnership enterprise is 830 million yuan, of which the company, as a limited partner, will contribute 40 million yuan with its own funds.