Renxin New Material (301395.SZ) Plans to Invest in Shouheng Zhijin (Jiaxing) to Expand into IC and Semiconductor Sectors

Stock News
3 hours ago

Renxin New Material Co., Ltd. (301395.SZ) announced that the company, along with Shenzhen Energy Conservation Private Equity Investment Fund Management Co., Ltd. and other limited partners, has signed the "Shouheng Zhijin (Jiaxing) Venture Capital Partnership (Limited Partnership) Agreement" to invest in Shouheng Zhijin (Jiaxing) Venture Capital Partnership (Limited Partnership). The total committed capital of the partnership is RMB 32.01 million, with the company contributing RMB 10 million as a limited partner using its own funds, accounting for 31.2402% of the total commitment.

The partnership's investment scope includes a single-target direct investment in equity of unlisted companies in the integrated circuit and semiconductor industries. Idle funds may be allocated to bank wealth management products, deposits, fixed-income trusts, and money market funds.

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