Shanghai Dazhong Public Utilities Scraps Private Equity Fund Investment

Stock News

Aug 05

Shanghai Dazhong Public Utilities (Group) Co., Ltd. announced the termination of its investment in a private equity fund.

The company, along with Dazhong Transportation (Group) Co., Ltd. and Beijing Lvdong Private Equity Fund Management Co., Ltd., had jointly established Wuxi Lvyao Venture Capital Partnership (Limited Partnership). The total capital commitment for Wuxi Lvyao was 201 million yuan.

Due to Wuxi Lvyao's inability to achieve the agreed investment objectives, the dissolution clause stipulated in the partnership agreement was triggered. On August 5, 2026, a general meeting of all partners was held, where a unanimous decision was made to dissolve Wuxi Lvyao.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.itiger.com/news/1158497634"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1158497634\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1158497634?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-08-05 17:16","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1158497634","market":"other","top_or_hot":-1,"title":"Shanghai Dazhong Public Utilities Scraps Private Equity Fund Investment","media":"Stock News","content":"<p><b>Shanghai Dazhong Public Utilities (Group) Co., Ltd.</b> announced the termination of its investment in a private equity fund.<br><br>The company, along with Dazhong Transportation (Group) Co., Ltd. and Beijing Lvdong Private Equity Fund Management Co., Ltd., had jointly established Wuxi Lvyao Venture Capital Partnership (Limited Partnership). The total capital commitment for Wuxi Lvyao was 201 million yuan.<br><br>Due to Wuxi Lvyao's inability to achieve the agreed investment objectives, the dissolution clause stipulated in the partnership agreement was triggered. On August 5, 2026, a general meeting of all partners was held, where a unanimous decision was made to dissolve Wuxi Lvyao.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Shanghai Dazhong Public Utilities Scraps Private Equity Fund Investment</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nShanghai Dazhong Public Utilities Scraps Private Equity Fund Investment\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036600163\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock News </p>\n<p class=\"h-time\">2026-08-05 17:16</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><b>Shanghai Dazhong Public Utilities (Group) Co., Ltd.</b> announced the termination of its investment in a private equity fund.<br><br>The company, along with Dazhong Transportation (Group) Co., Ltd. and Beijing Lvdong Private Equity Fund Management Co., Ltd., had jointly established Wuxi Lvyao Venture Capital Partnership (Limited Partnership). The total capital commitment for Wuxi Lvyao was 201 million yuan.<br><br>Due to Wuxi Lvyao's inability to achieve the agreed investment objectives, the dissolution clause stipulated in the partnership agreement was triggered. On August 5, 2026, a general meeting of all partners was held, where a unanimous decision was made to dissolve Wuxi Lvyao.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK0188","symbol_name":"融资融券","start_time":0,"source_url":"","article_id":"1158497634","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1158497634","pubTimestamp":1785921380,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"Shanghai Dazhong Public Utilities (Group) Co., Ltd. announced the termination of its investment in a private equity fund.The company, along with Dazhong Transportation (Group) Co., Ltd. and Beijing...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"600635":"大众公用","BK0188":"融资融券","01635":"大众公用","BK0020":"浦东新区","BK1221":"燃气公用事业","BK0059":"创投","BK0252":"燃气产供","BK0028":"国家队"},"translate_title":"上海大众公用事业取消私募股权基金投资","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"600635":1,"01635":1},"content_text":"Shanghai Dazhong Public Utilities (Group) Co., Ltd. announced the termination of its investment in a private equity fund.The company, along with Dazhong Transportation (Group) Co., Ltd. and Beijing Lvdong Private Equity Fund Management Co., Ltd., had jointly established Wuxi Lvyao Venture Capital Partnership (Limited Partnership). The total capital commitment for Wuxi Lvyao was 201 million yuan.Due to Wuxi Lvyao's inability to achieve the agreed investment objectives, the dissolution clause stipulated in the partnership agreement was triggered. On August 5, 2026, a general meeting of all partners was held, where a unanimous decision was made to dissolve Wuxi Lvyao.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":1,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}