The subordinate company of Kanzaihuang (600436.SH) plans to invest 200 million yuan to participate in Gaoxin Runxin Fund.

Wisdom Financial News APP News, Pien Tze Huang (600436.SH) announced that, based on the consideration of the upstream and downstream of the healthy industry chain, the company actively seeks new growth points and enhances industrial synergy effects to improve its sustainable competitive advantage. While ensuring the development of its main business, the company plans to invest in Zhangzhou Gaoxin Runxin Health Industry Investment Partnership Enterprise (limited partnership) (tentative name, subject to business registration; referred to as "Gaoxin Runxin Fund"). The target fundraising size of Gaoxin Runxin Fund in this round is 1 billion yuan. The company's wholly-owned subsidiary Pien Tze Huang intends to invest as a limited partner and subscribe to 200 million yuan with its own or self-raised funds, accounting for 20% of the target fundraising size of the Gaoxin Runxin Fund.