[ET Net News Agency, 19 October 2017] China International Marine Containers (CIMC)
(02039) said its wholly-owned subsidiary Shenzhen Sky Capital Co., Ltd. (SESKYC), its
70.6%-owned subsidiary CIMC Enric (03899) and ZJU Joint Innovation Investment have entered
into an agreement to jointly establish an Energy and Environmental Protection Project Fund
with a total size of Rmb350 million.
CIMC Enric, as a limited partner of each project fund, shall subscribe to a total
capital contribution of Rmb80 million (inclusive of management fee) and a subscribed
capital proportion of 22.86%, while the remaining capital shall be primarily raised by ZJU
Joint Innovation on the market.
Each project fund established under the agreement shall be focused on equity investments
in growth or mature projects with core technologies, advantages in scale or development
potentials within the energy and environmental protection sector. (HL)
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02039 CIMC
Nominal 
6.630 +0.010 (+0.151%) Others
19/10/2017 10:41
CIMC, CIMC Enric & ZJU Joint Innovation to establish fund
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