China Merchants China Direct Investments has announced that its wholly-owned subsidiary, Shenzhen Tianzheng Investment Co., Ltd., has entered into an agreement with Shanghai Micro LED Display Technology Co., Ltd. Under the terms of the agreement, Tianzheng Investment will invest RMB30 million in JBD by March 31, 2025, participating in the latter's Series B funding round. Tianzheng Investment has successfully completed its capital contribution.
