Photo and media agency Visual China Group (SHE:000681) subsidiary Huaxia Vision intends to invest 30 million yuan in private equity investment fund manager Yancheng Zhihua.
Following the investment, Huaxia Vision's subscribed capital contribution in Yancheng Zhihua will be equivalent to about 23.1% of the total capital contribution in the fund manager.
Shares of Visual China Group fell 6% in recent trade.
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