Yangtze Optical Fibre And Cable Joint Stock Limited Company (601869.SH) announced that its subsidiaries, Wuhan Changfei Capital Management Co., Ltd. ("Changfei Capital") and Everprox Technologies Co.,Ltd. ("Everprox"), intend to participate as limited partners in the establishment of Shanghai M&A Fund III. The total subscription amount for all partners of Shanghai M&A Fund III is RMB 830 million, with Changfei Capital contributing RMB 60 million and Everprox investing RMB 40 million.
The fund will primarily focus on equity investment opportunities in mergers and acquisitions within industries supported by national policies, including advanced manufacturing, integrated circuits, new materials, new energy, and information technology.
By investing in Shanghai M&A Fund III, Changfei Capital and Everprox aim to leverage the resources and expertise of professional investment institutions in the equity investment sector, thereby diversifying investment channels and strengthening the company's market position.
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