Jintuo Technology to Partner with Private Equity Fund for New Sector Investment Expansion

Stock News03-20

Jintuo Technology Co.,Ltd. (603211.SH) has announced the signing of a partnership agreement with Zhurui Investment to jointly commit capital to a venture capital fund. The company will act as a limited partner, investing RMB 32.8 million of its own funds, representing a 99.9695% stake in the partnership. This move is intended to further expand the company's investments in emerging sectors, leveraging the expertise of professional institutions while ensuring daily operational funding needs are met and overall investment risks remain controllable. Zhurui Investment will serve as the general partner and fund manager, contributing RMB 10,000, which accounts for 0.0305% of the total capital.

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