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BRIEF-Ningbo Jifeng Auto Parts plans industrial investment management firm with partner
June 8, 2017 / 2:38 AM / 4 months ago

BRIEF-Ningbo Jifeng Auto Parts plans industrial investment management firm with partner

June 8 (Reuters) - Ningbo Jifeng Auto Parts Co Ltd :

* Says co plans to invest 5.1 million yuan to set up an industrial investment management firm with partner, and co will own 5 percent stake in it

* Says the new industrial investment management firm will launch a industrial investment fund worth totaling 1.5 billion yuan

Source text in Chinese: goo.gl/9tbfRa

Further company coverage: (Beijing Headline News)

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