SIPG: Plans to participate in the establishment of an investment fund with a company contribution of 480 million yuan
SIPG announced that the company, as a limited partner, invested 480 million yuan of its own funds to participate in the Shanghai Science and Technology Innovation Center Phase III Venture Capital Partnership. The target size of the fund is 8 billion yuan, with an initial closing size of 3.201 billion yuan, and SIPG's subscribed contribution ratio accounts for 15%. On April 30, 2025, the partnership completed the private investment fund filing procedures with the Asset Management Association of China