Shanghai Shibei Hi-Tech (600604.SH) plans to invest 40 million yuan in the Bilin Star Fund.
Shibei High-tech (600604.SH) announced that the company plans to invest 40 million yuan in Shanghai Bilinxing Fourth Phase Entrepreneurship Investment Partnership Enterprise (Limited Partnership) through capital increase with its own funds. After this investment is completed, the company will hold 12.90% stake in the partnership enterprise as a limited partner. The partnership enterprise mainly focuses on global leading, major innovative high-end medical devices, life science tools, biopharmaceuticals, and biotechnology materials companies.
Shanghai Shibei Hi-Tech (600604.SH) announced that the company plans to invest 40 million yuan in Shanghai Bilinxing Phase IV Entrepreneurship Investment Partnership Enterprise (Limited Partnership) ("Bilin Star Fund") through a capital increase using its own funds. After this investment is completed, the company will hold a 12.90% share in the partnership as a limited partner. The partnership mainly focuses on global leading and innovative high-end medical equipment, life science tools, biopharmaceuticals, and biomaterial companies.
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