BRIEF-Saic Motor's Unit To Set Up Investment Fund With Partners

Reuters02-13

BRIEF-<a href="https://laohu8.com/S/600104">Saic Motor</a>'s Unit To Set Up Investment Fund With Partners

Feb 13 (Reuters) - SAIC Motor Corp Ltd 600104.SS:

SAYS UNIT PLANS TO SET UP 2.5 BILLION YUAN ($361.85 million) PRIVATE INVESTMENT FUND WITH PARTNERS
SAIC MOTOR SAYS UNIT TO CONTRIBUTE 1 BILLION YUAN TO NEW FUND WHICH WILL FOCUS ON SOLID-STATE BATTERIES, DOMESTIC CHIP DEVELOPMENT, AI TECHNOLOGY

Source text

Further company coverage: 600104.SS

($1 = 6.9090 Chinese yuan renminbi)

(Reporting by Beijing Newsroom)

((Shi.Bu@thomsonreuters.com;))

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