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Dazhong Public Utilities Agrees to Dissolve 201 Million Yuan Fund

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Shanghai Dazhong Public Utilities (SHA:600635) agreed to dissolve a 201 million yuan partnership fund after not being able to achieve its investment objectives, according to a Shanghai bourse filing on Thursday.

The utilities company established Wuxi Lüyao Venture Capital Partnership (Limited Partnership) with two other investors in July.

The fund completed its business registration but has not completed the private investment fund registration procedures, and no actual investments have been made.

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