Zijin Mining Group (SHA:601899, HKG:2899) agreed to invest 100 million yuan into a partnership fund, according to a Shanghai bourse filing on Friday.
The fund, Fujian Zijin Mining Yinshan Dual Circulation Equity Investment Fund Partnership (Limited Partnership), will have a term of eight years and will invest in new energy, digital and intelligent technologies, advanced manufacturing and logistics sectors. It aims to raise capital worth 282.5 million yuan.
The Chinese mining company will account for 35.4% of the fund's capital.
The company's Hong Kong and Shenzhen shares both fell less than 2% during the midday trade.
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