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Textrain: Investing 21.2 Million RMB to Acquire Shares in Shenzhen Xinglian Rongji Venture Capital Partnership (A Limited Partnership)
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Author：小编
Textrain has declared its intention to broaden its influence within the artificial intelligence industry by becoming a limited partner and subscribing for shares in Shenzhen Xinglian Rongji Venture Capital Partnership (a limited partnership), utilizing 21.2 million RMB from its own coffers. This fund, which was launched and set up by Beijing Xinglian Zhaoji Private Fund Management Co., Ltd., boasts a total capitalization of 212.01 million RMB. Textrain has clarified that this investment endeavor does not entail any horizontal competition, related-party transactions, or significant asset restructuring. Consequently, it will not necessitate approval from the board of directors or a shareholders' meeting.
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