Anhui Yingjia Distillery (SHA:603198) will commit 100 million yuan as a limited partner to a private equity firm, according to a Thursday filing with the Shanghai bourse.
The liquor maker's investment is equivalent to 14.21% of the 703.5 million yuan Hangzhou Junlian Jiatu Equity Investment Partnership, the filing said.
The fund will invest in innovative unlisted companies. It will have a term of seven years.
Yingjia's shares fell 5% during the lunch break on Thursday.
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