Xinjiang Energy Technology: A fund jointly established with professional investment institutions has completed the record-filing.
Xinjiang Energy Technology announced that its wholly-owned subsidiary Xinjiang Smart Energy plans to invest 166.67 million yuan, together with Anyuan Fund Management Company, Anyuan Fund, and Xuancheng Venture Capital Fund, to jointly establish the Xuancheng Anyuan Zhanshin Equity Investment Fund Partnership Enterprise, with a fundraising scale of 1 billion yuan, mainly investing in strategic emerging industries. Xinjiang Smart Energy holds 16.670% of the partnership interests. As of the disclosure date of the announcement, the partners have paid in a total of 300 million yuan, and Xinjiang Smart Energy has paid in 50 million yuan. The fund completed the filing procedures for private equity funds on June 29th.
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