Zhejiang Huatong Meat Products (SHE:002840) is planning to jointly invest 300 million yuan in a private equity fund.
The Gongying Fund will have a total scale of 1 billion yuan, with the livestock and poultry company contributing 30% as a limited partner, according to a Tuesday filing with the Shenzhen bourse.
The fund will target green agriculture, rural revitalization, agri-tech and sustainable industries.