Central China (601375.SH)'s subsidiary plans to invest 20 million yuan to establish the Xiangding Fund.
Zhongyuan Securities (601375.SH) announced that its wholly-owned subsidiary, Zhongding Kaiyuan Entrepreneurship Investment Management Co., Ltd., intends to contribute 20 million yuan to co-establish the Henan Xiangding Digital Equity Investment Fund Partnership (Limited Partnership) (tentative name, referred to as "Xiangding Fund") with related parties Zhongyuan Jinxiang Investment Management Co., Ltd. and Henan Zhongyuan Jinxiang Relay Equity Investment Fund Partnership (Limited Partnership) as well as a third party, Luoyang Cultural Tourism Digital Innovation and Entrepreneurship Investment Fund Partnership (Limited Partnership). The fund will have a total scale not exceeding 104 million yuan and will primarily invest in the holding subsidiaries of Luoyang Cultural Tourism Investment Group Co., Ltd. This investment will help enhance the company's strength in private equity fund management business.
Central China (601375.SH) announced that its wholly-owned subsidiary, Zhongding Kaiyuan Venture Capital Management Co., Ltd., plans to subscribe to a capital contribution of 20 million yuan to jointly establish the Henan Xiangding Digital Equity Investment Fund Partnership (Limited Partnership) (tentative name, referred to as Xiangding Fund) with related parties Zhongyuan Jinxiang Investment Management Co., Ltd. and Henan Zhongyuan Jinxiang Relay Equity Investment Fund Partnership (Limited Partnership), as well as a third party, Luoyang Culture and Tourism Digital Innovation and Entrepreneurship Investment Fund Partnership (Limited Partnership). The fund will have a scale of no more than 104 million yuan and will primarily invest in the holding subsidiaries of Luoyang Culture Tourism Investment Group Co., Ltd. This investment will help enhance the companys capability in private equity fund management.
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