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SHE:000681

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Asia

Visual China's Subscribed Capital in Partnership Fund Dips After New Investor

Visual China Group (SHE:000681) said its subscribed capital ratio in a partnership fund was reduced after it accepted a new investor, according to a Shenzhen bourse filing on Thursday.The photo and media company holds a stake in Tianjin Lisi Xingque Venture Capital Partnership (Limited Partnership) through its subsidiary, Beijing Huaxia Visual Technology Group.Huaxia Visual's capital ratio fell to 1.0638% from 1.0661%, but the capital amount in the fund remains at 10 million yuan.

SHE:000681
Asia

Visual China Subsidiary's Investee Fund Reduces Share Capital Following Partner Withdrawal; Shares Rise 4%

A fund invested in by Visual China (SHE:000681) subsidiary Beijing Huaxia Visual Technology reduced its total registered capital to 93.5 million yuan from 143.5 million yuan, according to a Monday filing with the Shenzhen Stock Exchange.Xinxin Xiangrong (Tianjin) AI Venture Capital Partnership partner Wei Zelong withdrew his 50 million yuan investment into the fund, the filing said.Shares rose 4% during afternoon trading on Monday.

SHE:000681
Asia

Visual China Submits Hong Kong Listing Application

Visual China (SHE:000681) has submitted a listing application to the Hong Kong Stock Exchange, according to an application proof published on Sunday.The application remains subject to review by Hong Kong regulators and the exchange.

SHE:000681
Asia

Visual China Group Subsidiary's Venture Fund Completes AMAC Registration

Visual China Group (SHE:000681) said its co-invested investment vehicle, Sheng Sheng Bu Xi Equity Investment Partnership, completed its private fund filing with the Asset Management Association of China (AMAC) on May 19.Sheng Sheng Bu Xi Equity Investment Partnership is a fund co-invested by company subsidiary Beijing Huaxia Visual Technology, according to a weekend filing with the Shenzhen bourse.The fund, managed by Beijing Huagai Chuangying Private Fund Management, has a total subscribed size of 55 million yuan, with Beijing Huaxia Visual Technology contributing 6 million yuan for a 10.91% stake.Bank of Hangzhou served as custodian.Shares of the photo and media agency were down 1% in recent trade.

SHE:000681

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