CRRC Corporation (01766) rose more than 4%. As of the time of writing, it increased by 4.36%, trading at 4.79 Hong Kong dollars, with a transaction volume of 26.1222 million Hong Kong dollars.
According to Zhito Finance APP, CRRC Corporation (01766) rose more than 4%. As of the time of writing, it increased by 4.36%, trading at 4.79 Hong Kong dollars, with a transaction volume of 26.1222 million Hong Kong dollars.
In terms of news, CRRC Corporation announced that to innovate investment models and promote effective integration of "production" and "research", a new mechanism for the transformation of technological achievements cooperation has been established to accelerate the cultivation of Global Strategy XINXINGCHANYE. The company's wholly-owned subsidiary, CRRC Capital Management Co., Ltd. (hereinafter referred to as "CRRC Capital"), will purchase partnership shares of the China Science and Technology Achievement Transformation Venture Capital Fund (Guangdong) Partnership Enterprise (Limited Partnership) with its own or self-raised funds.
The total subscribed capital of the Fund is expected to be 3,003 million yuan (the specific amount will be subject to the final actual amount raised), with the company's wholly-owned subsidiary, CRRC Capital, subscribing for a limited partnership contribution of 300 million yuan.