Keli Sensing Technology Ningbo (SHA:603662) completed the commercial registration of a 70 million yuan private equity fund after getting its business license, according to a Monday disclosure on the Shanghai Stock Exchange.
The fund, Ningbo Sensor Valley Venture Capital Fund Partnership (Limited Partnership), will invest in equity investment and asset management businesses.
The Chinese weighing components manufacturer invested 55 million yuan into the fund, accounting for 78.6% of the fund's capital, the disclosure said.
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