LBX Pharmacy Chain to Invest 50 Million Yuan in Private Equity Fund

MT Newswires Live
09/23

LBX Pharmacy Chain (SHA:603883) proposed to subscribe 50 million yuan to a private equity fund as a limited partner, according to a Shanghai bourse filing on Wednesday.

The fund, Ningbo Zhixing Yueheng Venture Capital Partnership (Limited Partnership), will invest in projects related to artificial intelligence, hardware manufacturing, and applications in fields such as biomedicine, technology and the consumer market.

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