Wan Kaixin Materials and others have established a new equity investment fund in Quzhou.

According to Qi Cha Cha APP, recently, Jincheng Shengkai Equity Investment Fund Partnership Enterprise was established with a capital injection of 300 million yuan. Its business scope includes private equity fund engaging in equity investment, investment management, asset management, and other activities. Equity penetration data from Qi Cha Cha shows that the company was jointly funded by Wankai New Materials, among others.