Zhejiang Medicine to Invest in Partnership Fund Targeting Silver Economy and Healthcare Sector

Stock News
02/24

Zhejiang Medicine Co.,Ltd. (600216.SH) announced that on February 24, 2026, the company signed a partnership agreement with general partner CITIC Healthcare Equity Investment Private Fund Management (Beijing) Co., Ltd. and limited partner Langfang Leading Industry Investment Guidance Fund Co., Ltd., among others, to jointly invest in Langfang Xinhui Silver Economy Equity Investment Fund Partnership (Limited Partnership). The total committed capital of the partnership is 800 million yuan. As a limited partner, the company will contribute 250 million yuan using its own funds, accounting for 31.25% of the total committed capital. CITIC Healthcare Equity Investment Private Fund Management (Beijing) Co., Ltd. will serve as the general partner, executive partner, and fund manager of the partnership. The partnership will primarily invest in target companies within the silver economy and healthcare sectors, aiming to enhance the value of invested enterprises, achieve the fund's establishment objectives, and maximize returns for all partners through reasonable commercial efforts.

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