--- title: "WEDGE CORPORATION: Plans to invest 500 million yuan to establish a merger and acquisition fund, primarily investing in the two-machine industry chain direction" type: "News" locale: "en" url: "https://longbridge.com/en/news/225037463.md" description: "WEDGE CORPORATION plans to jointly establish an industrial merger and acquisition fund with Qingdao Honghua Private Equity Fund Management Co., Ltd., committing to contribute 500 million yuan, accounting for 50% of the total. The total amount of the fund is 1 billion yuan, primarily investing in the two-machine industry chain direction, focusing on growth-stage investments and mergers and reorganizations of technology innovation enterprises" datetime: "2025-01-15T10:59:10.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/225037463.md) - [en](https://longbridge.com/en/news/225037463.md) - [zh-HK](https://longbridge.com/zh-HK/news/225037463.md) generator: "portal-rs" --- # WEDGE CORPORATION: Plans to invest 500 million yuan to establish a merger and acquisition fund, primarily investing in the two-machine industry chain direction WEDGE CORPORATION announced on the evening of January 15th that the company plans to sign a "Cooperation Agreement on the Establishment of an Industrial Merger and Acquisition Fund" with Qingdao Honghua Private Fund Management Co., Ltd., to jointly invest in the establishment of an industrial merger and acquisition fund. The total subscribed capital of the merger and acquisition fund is 1 billion yuan, of which the company will subscribe 500 million yuan as a limited partner, accounting for 50% of the total subscribed capital of the partnership. The fund's investment strategy focuses on growth-stage investments, mergers or restructuring of listed companies, primarily investing in the two-machine industry chain direction, with an emphasis on technology innovation enterprises and technology achievement transformation projects that have integration and merger potential ### Related Stocks - [000534.CN](https://longbridge.com/en/quote/000534.CN.md) - [688507.CN](https://longbridge.com/en/quote/688507.CN.md) - [301252.CN](https://longbridge.com/en/quote/301252.CN.md) - [688603.CN](https://longbridge.com/en/quote/688603.CN.md) ## Related News & Research - [Bill Ackman Loves This Dividend Stock, But You Should Give It a Pass](https://longbridge.com/en/news/296545633.md) - [Oura exploring how its ring could detect brain hemorrhages after Bill Ackman suggests it could have helped his daughter](https://longbridge.com/en/news/296658401.md) - [Citadel Advisors discloses net short position in Vivendi shares](https://longbridge.com/en/news/296366028.md) - [Imperial Equities lifts annual dividend 50% to $0.12 per share](https://longbridge.com/en/news/296375148.md) - [YieldMax BRK.B Option Income Strategy ETF declares $0.1399 dividend](https://longbridge.com/en/news/296383218.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**