Asia
China Baoan Unit to Invest 10 Million Yuan in Venture Capital Fund
China Baoan (SHE:000009) subsidiary BTR New Material will invest 10 million yuan for a 12.5% stake in an 80 million yuan venture capital fund.Shenzhen Guangming Kerui Venture Capital Fund will focus on emerging industries, including new materials, new energy, and high-end equipment, according to a Wednesday filing with the Shenzhen bourse.
SHE:000009