JCET Group Co.,Ltd. (600584.SH) announced that its wholly-owned subsidiary, Shanghai Yun Jiaolong Enterprise Management Co., Ltd., intends to participate in the establishment of Jiaorong Xinzhi (Shanghai) Equity Investment Fund Partnership. The target size of this investment fund is 1.346 billion yuan. Acting as a limited partner, Yun Jiaolong plans to commit 403.8 million yuan, representing a 30% stake in the fund.
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