09
Dec
03:53
Keda Industrial Group to establish salt lake industry fund JV
Shanghai-listed industrial machinery company Keda Industrial Group announced its holding subsidiary, Qinghai Weili New Energy Material, will form an equity investment JV with Xining Hongxi Fund Management. They plan to establish an industry investment fund for the salt lake industry, Kallanish learns.
According to its announcement, the establishment scale of this fund is just over CNY 1.30 billion ($186.86 million). Keda Industrial Group and its su…
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