Huachuang Yunxin Digital Technology (SHA:600155), formerly Polaris Bay Group, partnered with Jinhui Wealth Capital Management to establish a 100 million yuan partnership fund, according to a Shenzhen bourse filing on Wednesday.
Both parties will each contribute 50 million yuan to set up the Beijing Huachuang Innovation and Wisdom Equity Investment Fund Partnership (Limited Partnership), which will have a term of eight years.
Jinhui Wealth Capital Management will serve as the fund's general manager.