Donghu High-tech (600133.SZ) plans to participate in the establishment of the Xianning East High-yield Industry Investment Fund.
Smart Finance APP News, Donghu High-Tech (600133.SH) announced that the company plans to jointly establish the "Xianning Dongao Industrial Investment Fund Partnership Enterprise (Limited Partnership)" with its wholly-owned subsidiary Donghu Investment, Xianning High-Tech Capital Operation Co., Ltd. (referred to as "Xianning Capital"), and Xianning High-Tech Industrial Development Co., Ltd. (referred to as "Xianning Industry"). The scale of the Xianning Dongao Fund is RMB 500 million, with the company contributing RMB 200 million as a limited partner, accounting for 40% of the fund size; the company's wholly-owned subsidiary Donghu Investment will contribute RMB 50 million as a general partner, accounting for 10% of the fund size; Xianning Capital will contribute RMB 125 million as a limited partner, accounting for 25% of the fund size; Xianning Industry will contribute RMB 125 million as a limited partner, accounting for 25% of the fund size. All contributions will be made in cash.
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