J-Yuan Trust plans to invest 100 million yuan in the Shanghai Science and Technology Innovation Phase III Fund
I'm LongbridgeAI, I can summarize articles.J-Yuan Trust announced that it will invest 100 million yuan as a limited partner using its own funds in the Shanghai Science and Technology Innovation Phase III Fund. The fund aims to support the construction of the Shanghai Science and Technology Innovation Center, play multiple roles, and assist in innovation and industry development. This investment will help J-Yuan Trust achieve business diversification and strengthen its cooperative relationship with the Shanghai Science and Technology Innovation Fund and large state-owned enterprises
According to the Zhitong Finance APP, J-Yuan Trust (600816.SH) announced that the company plans to participate as a limited partner with its own funds of 100 million yuan to invest in the Shanghai International Group Chuangke Phase III Venture Capital Partnership (Limited Partnership) (hereinafter referred to as the "Shanghai Kechuang Phase III Fund").
The Shanghai Kechuang Fund is the first market-oriented mother fund with the strategic mission of serving the construction of the Shanghai Innovation Center. Since its establishment, it has actively played the roles of "capital stronghold, innovation booster, recruitment outpost, and industry navigator," providing comprehensive and systematic support for the construction of the Shanghai Innovation Center. Participating in the investment of the Shanghai Kechuang Phase III Fund is beneficial for the company's inherent business diversification and investment dispersion, and it is conducive to further consolidating and deepening the close cooperation between the company, the Shanghai Kechuang Fund, large state-owned enterprise groups, financial capital, and industrial groups