Tongyu Communication (SHE:002792) said a partnership fund it co-funded as a limited partner completed its filing and registration, according to a Shenzhen bourse filing on Saturday.
The Chinese communications equipment manufacturer's shares dropped 4% lower on Monday.
The Huaxia Zhuoyao Venture Capital Fund (Beijing) Partnership (Limited Partnership) was established to invest in enterprises manufacturing satellites.
The company invested 10 million yuan into the partnership fund.
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