BGI Genomics (SHE:300676) invested 149 million yuan in an equity investment fund, according to a Tuesday disclosure on the Shenzhen Stock Exchange.
The fund, Shaoxing Meiyue Medical Industry Equity Investment Partnership (Limited Partnership), will raise a capital of 500 million yuan.
The Chinese genomics services provider will own 29.8% of the fund's capital.
The other partners, Keqiao Jinkai New Materials, will own 70% of the fund after injecting 350 million yuan, while Kemei Health Management (Shaoxing Keqiao) will own the remaining 0.2% after injecting 1 million yuan.
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