Luxin Venture Capital announced that the company plans to jointly establish the Luxin Ji Steel Fund with Shandong Gaoxin Investment, a wholly-owned subsidiary, Tibet Hongxin and other investors, with a total size of 500 million yuan. Luxin Venture Capital will subscribe for 175 million yuan, accounting for 35%; Tibet Hongxin will subscribe for 14 million yuan, accounting for 2.8%; Shandong Gaoxin Investment will subscribe for 10 million yuan, accounting for 2%. This investment constitutes a related party transaction but does not constitute a major asset reorganization.
鲁信创投：拟设立5亿元创业投资基金
Luxin Venture Capital Group plans to set up a 500 million yuan venture capital fund.
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