Huaqin Co., Ltd. (03296) wholly-owned subsidiary, Shanghai Moqin, plans to participate in investing in Chengdu Jichuang Investment Fund.
Huaqin Technology (03296) announced that in order to meet the development and strategic layout needs of the company, its wholly-owned subsidiary Shanghai Moqin intends to participate in the investment of Chengdu Jichuang Investment Fund. The Chengdu Jichuang Investment Fund mainly invests in early-stage and growth-stage projects in the fields of medical health, advanced technology, and other areas that are established or operated in China or have significant connections with China. The subsidiary and the general partner of Chengdu Jichuang Investment Fund will soon sign the "Chengdu Jichuang Chengyuan Entrepreneurship Investment Partnership Enterprise (Limited Partnership) Partnership Agreement" and other transaction documents. Shanghai Moqin intends to subscribe to Chengdu Jichuang Investment Fund shares as a limited partner with a subscription amount of 100 million yuan, accounting for 32.47% of the total subscribed capital of Chengdu Jichuang Investment Fund after this contribution.
Huaqin Co., Ltd. (03296) announced that, in order to meet the needs of the company's development and strategic layout, its wholly-owned subsidiary Shanghai Moqin intends to participate in investing in Chengdu Jichuang Investment Fund. The Chengdu Jichuang Investment Fund mainly invests in early-stage and growth-stage projects in the fields of medical health, advanced technology, and other areas that are established in China or have significant connections with China. The subsidiary and the general partner of Chengdu Jichuang Investment Fund are expected to sign the "Chengdu Jichuang Chengyuan Entrepreneurial Investment Partnership Enterprise (Limited Partnership) Partnership Agreement" and other transaction documents in the near future. Shanghai Moqin intends to subscribe for RMB 100 million worth of shares in Chengdu Jichuang Investment Fund as a limited partner, representing 32.47% of the total subscribed capital of Chengdu Jichuang Investment Fund after this investment.
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