CRRC and others have established a new venture capital fund in Suzhou, China.
According to the Enterprise Check App, recently, the Huayu Guoke War New Entrepreneurship Investment Fund Limited Partnership was established, with a total investment of 1.5 billion RMB. Its business scope includes: entrepreneurship investment; equity investment; and engaging in investment activities with its own funds. According to the equity penetration displayed on Enterprise Check, the company is jointly funded by China Railway Rolling Stock Corporation Ltd.'s wholly-owned subsidiary, CRRC Capital Management Co., Ltd., among others.
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