ELHT plans to participate in the establishment of the Xianning Donggao Industrial Investment Fund
ELHT, together with its wholly-owned subsidiary Donghu Investment, Xianning High-tech Capital Operation Co., Ltd., and Xianning High-tech Industry Development Co., Ltd., jointly initiated the establishment of the "Xianning Donggao Industrial Investment Fund Partnership (Limited Partnership)," with a fund size of 500 million yuan, of which ELHT has committed to contribute 200 million yuan, accounting for 40%. The fund will focus on investing in high-quality enterprises in the fields of new materials, advanced manufacturing, big health, biomedicine, and electronic information
According to the Zhitong Finance APP, ELHT (600133.SH) announced that the company plans to jointly establish the "Xian Ning Dong Gao Industrial Investment Fund Partnership (Limited Partnership)" (tentative name, final name subject to approval by the Market Supervision Administration) with its wholly-owned subsidiary Donghu Investment, Xian Ning High-tech Capital Operation Co., Ltd. (referred to as "Xian Ning Capital"), and Xian Ning High-tech Industry Development Co., Ltd. (referred to as "Xian Ning Industry"). The scale of the Xian Ning Dong Gao Fund is RMB 500 million, with the company committing RMB 200 million as a limited partner, accounting for 40% of the fund's scale; the company's wholly-owned subsidiary Donghu Investment committing RMB 50 million as a general partner, accounting for 10% of the fund's scale; Xian Ning Capital committing RMB 125 million as a limited partner, accounting for 25% of the fund's scale; and Xian Ning Industry committing RMB 125 million as a limited partner, accounting for 25% of the fund's scale. All contributions will be in cash.
The Xian Ning Dong Gao Fund will focus on investing in high-quality enterprises in the fields of new materials, advanced manufacturing, health care, biomedicine, and electronic information
