Zijin Mining Leads Establishment of New Fund Targeting Advanced Productivity Sectors

Stock News03-12 19:24

Zijin Mining (02899) announced that its wholly-owned subsidiaries, Zijin Mining Equity Investment Management (Xiamen) Co., Ltd. and Zijin Mining Investment (Shanghai) Co., Ltd., along with Xiamen Yinjin Enterprise Management Co., Ltd., Xiamen Yinshan Lingchuang No. 4 Enterprise Management Partnership (Limited Partnership), Xiamen Jinyuan Zhanhong Phase II Equity Investment Partnership (Limited Partnership), Fujian Specialized and Advanced Leading Venture Capital Mother Fund Partnership (Limited Partnership), and Xiamen Jimei Industrial Investment Group Co., Ltd., signed a Partnership Agreement on March 11, 2026. The agreement establishes the Fujian Zijin Mining Yinshan Dual-Cycle Equity Investment Fund Partnership (Limited Partnership). Zijin Equity, acting as the general partner, contributed RMB 2.49 million, while Zijin Investment, as a limited partner, contributed RMB 97.51 million. The combined investment represents 35.4% of the total capital commitment of the partnership. The partnership will primarily focus on investments in the advanced productivity sector, including strategic emerging areas such as new energy, digitalization and intelligentization, and advanced manufacturing. It will target innovative technology services for logistics supply chains and sustainable development technologies. The fund will make direct or indirect equity or equity-related investments in high-potential technology companies with significant market opportunities both domestically and internationally. Investment methods may include, but are not limited to, corporate acquisitions, equity and fund investments, and convertible bond investments. The company's participation in this fund aims to leverage the expertise of professional investment institutions to focus on innovative logistics supply chain technologies and sustainable development within the advanced productivity sector. This initiative is intended to help broaden the company's industrial perspective, provide exposure to relevant technological frontiers, and drive quality growth in its core business operations.

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