Reuters logo
7 months ago
BRIEF-Suzhou Hesheng Special Material plans venture capital firm, investment fund
December 28, 2016 / 10:14 AM / 7 months ago

BRIEF-Suzhou Hesheng Special Material plans venture capital firm, investment fund

1 Min Read

Dec 28 (Reuters) - Suzhou Hesheng Special Material Co Ltd

* Says it plans to boost unit's capital by 990 million yuan ($142.30 million) to 1.0 billion yuan

* Says the unit plans to invest 500 million yuan to set up venture capital firm in Shenzhen

* Says the unit plans to invest 250 million yuan to set up industry investment fund worth 1.0 billion yuan

Source text in Chinese: bit.ly/2idtWaz; bit.ly/2hMStCk; bit.ly/2iqfiMY

Further company coverage: ($1 = 6.9573 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below