Dongguan Development (000828.SZ) subsidiary plans to invest 75 million yuan in Tongzhi Fund.
Dongguan Development (000828.SZ) announced that its wholly-owned subsidiary, Guangdong Jinxin Capital Investment Co., Ltd. ("Jinxin Capital"), plans to invest as a limited partner in the establishment of Tongzhi Hesheng (Dongguan) Private Equity Fund Partnership (Limited Partnership) ("Tongzhi Fund"). The manager of the Tongzhi Fund is Tonghao Venture Capital Fund Management (Beijing) Co., Ltd. The total subscribed capital of the fund is 500 million yuan, of which Jinxin Capital will contribute 75 million yuan as a limited partner, accounting for 15% of the fund's total capital contribution. The fund's investment direction is the upstream and downstream of the intelligent control industry, including intelligent operations, intelligent terminal equipment, and intelligent low-altitude operations.
Dongguan Development (000828.SZ) announced that its wholly-owned subsidiary, Guangdong Jinxin Capital Investment Co., Ltd. ("Jinxin Capital"), plans to invest as a limited partner to establish Tongzhi Hesheng (Dongguan) Private Equity Fund Partnership (Limited Partnership) ("Tongzhi Fund"). The manager of Tongzhi Fund is Tonghao Venture Capital Fund Management (Beijing) Co., Ltd. The total subscribed capital of the fund is 500 million yuan, of which Jinxin Capital contributes 75 million yuan as a limited partner, accounting for 15% of the total fund contribution. The fund's investment direction is the upstream and downstream of the intelligent control industry, including intelligent operations, intelligent terminal equipment, and intelligent low-altitude.
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