A MicroPort NeuroTech (HKG:2172) subsidiary agreed to establish an investment fund with a committed capital of 1 billion yuan in partnership with certain other parties on Monday, a same-day filing with the Hong Kong exchange said.
MP NeuroTech Shanghai will contribute 200 million yuan towards for a 20% ownership of the fund.
The other partners of the fund include Shenzhen FoF Investment, Shenzhen Guangming District Guidance Fund Investment Management, Shenzhen Smart Park Operation Service, CICC Pucheng Investment, Shenzhen Kangrui Enterprise Management Partnership, CICC Capital Operation, and China Investment LuckyStone Management.
The fund, tentatively named Shenzhen CICC Neuroscience and Brain-like Intelligence Industry Private Equity Investment Fund, will mainly engage in equity investment, asset and other investment management services.
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