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Zijin Mining: Wholly-owned Subsidiary and Professional Investment Institutions jointly invest to establish a fund, focusing on logistics, supply chain innovation, technological services, and related areas.
People’s Financial News, March 12 — Zijin Mining (601899) announced on March 12 that its wholly owned subsidiaries, Zijin Mining Equity Investment Management (Xiamen) Co., Ltd. (referred to as “Zijin Equity”) and Zijin Mining Investment (Shanghai) Co., Ltd. (referred to as “Zijin Investment”), along with Xiamen Yinjing Enterprise Management Co., Ltd. and other companies, signed a Partnership Agreement on March 11 to establish the Fujian Zijin Mining Hidden Mountain Dual Circulation Equity Investment Fund Partnership (Limited Partnership) (referred to as “Partnership” or “Fund”). Zijin Equity contributed 2.49 million yuan as the general partner, and Zijin Investment contributed 97.51 million yuan as the limited partner, accounting for a total of 35.4% of the fund’s total capital. The company’s participation in this fund aims to leverage the expertise of professional investment institutions, focus on innovation in logistics supply chain technology services and sustainable development technologies within emerging productive fields, broaden the company’s industrial perspective, engage with cutting-edge technologies, and promote the high-quality growth of the company’s core business.