Jintiantai Industry: Participation in the establishment of a 50 million yuan industrial merger and acquisition fund has been approved.
Jin Tian Titanium Industry announced that the company plans to participate as a limited partner in the establishment of an industrial merger and acquisition fund in 2025, with a total scale of 500 million yuan. The company will contribute 50 million yuan, accounting for 10%, mainly focusing on investments in the titanium industry chain and high-end materials. Recently, the fund has completed its registration with the industry and commerce department and is named "Hunan Advanced Materials Industry Mergers and Acquisitions Equity Investment Fund Partnership Enterprise". It has been filed with the China Securities Investment Fund Industry Association, obtained the "Private Equity Investment Fund Filing Certificate", and completed the payment for the first phase of funds. This investment will enhance the company's competitiveness, but there is a risk of investment returns falling short of expectations, and the company will closely monitor the operation.
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