Xiamen Amoytop Biotech to Invest 100 Million Yuan in AI Fund

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Xiamen Amoytop Biotech (SHA:688278) will invest 100 million yuan as a limited partner in an artificial intelligence fund, according to a Saturday filing with the Shanghai bourse.

The Tianjin Lisi Xingshen Equity Investment Partnership, a fund that will invest in early- to mid-stage unlisted companies in artificial intelligence-related fields, aims to raise at least 3 billion yuan.

Director Lan Bolin also plans to contribute 200 million yuan to the partnership.

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