A fund invested in by Shanghai Jinqiao Export Processing Zone Development (SHA:600639) and Ferrotec (An Hui) Technology Development (SHE:301297) completed its capital raising, according to a Saturday filing with the Shanghai bourse.
Shanghai Jinqiao Export Processing Zone Development, through Shanghai Jinqiao Investment Partnership, 194 million yuan into the Shanghai Pudong Intelligent Manufacturing Phase II Private Equity Investment Fund Partnership.
Ferrotec invested 40 million yuan into the fund.