Changxin Bochuang (300548.SZ) plans to participate in the third phase of the Shanghai M&A Fund for 40 million yuan to focus on national policy support industries

Zhitong Finance App News, Changxin Bochuang (300548.SZ) announced that the company plans to participate in the establishment of the Shanghai M&A Private Equity Fund Phase III Partnership (Limited Partnership) (“Shanghai M&A Fund Phase III”). All partners of the partnership plan to pledge a capital of 830 million yuan, of which the company, as a limited partner, has pledged 40 million yuan with its own capital.

The third phase of the Shanghai M&A Fund will mainly focus on equity investment opportunities such as mergers and acquisitions in industries supported by national policies such as high-end manufacturing, integrated circuits, new materials, new energy, and information technology.

According to the announcement, the purpose of participating in the M&A fund is to use the resources and advantages of professional investment institutions in the field of equity investment to broaden the company's investment channels and help the company consolidate and enhance its market position.