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Camel Group Co Ltd (601311.SS)

601311.SS on Shanghai Stock Exchange

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Mon, Oct 16 2017

BRIEF-Camel Group to set up new energy vehicle industry buyout fund

* Says it plans to set up new energy vehicle industry buyout fund with partners, with fund's size of 1 billion yuan

BRIEF-China's storage battery firm Camel Group to set up JV with Croatia's Rimac Automobili

* Says it plans to set up JV with registered capital of 12.5 million euros ($14.98 million) with Croatia's Rimac Automobili d.o.o

BRIEF-Camel Group to invest in new energy battery business

* Says it will invest up to $100 million in battery firm buyout fund directly or indirectly, which was established by GSR GO Scale Capital Advisors,Ltd

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