Haixin Group: Investing 30 million yuan to establish an industrial fund.
announcement from Haixin Group, the company and its wholly-owned subsidiary Shanghai Haixin Asset Management Co., Ltd. jointly established Shanghai Haixin Enterprise Management Partnership Enterprise, with a total capital contribution of 30 million RMB from their own funds. They will act as limited partners and invest in Anhui Gaoxin Yuanhe Puhua Private Equity Investment Fund Partnership Enterprise. This investment is not considered a related party transaction and does not constitute a major asset restructuring. The initial capital contribution for the industry fund is 1.239 billion RMB, with a target capital contribution of 2.5 billion RMB, focusing on hard technology projects in the semiconductor and intelligent manufacturing fields.
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