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Technology, Consumer Discretionary Dec 30, 2021 09:19 PM (GMT+8) · EqualOcean
Cailian, Dec. 30, * ST Yabo announced that the board of directors agreed that the company planned to participate in the industrial funds actually controlled and managed by the professional investment institution Shandong Xinye Equity Investment Management Co., Ltd. and its subsidiaries or Shanghai Yonghong Equity Investment Fund Management Co., Ltd. and its subsidiaries under the amount of 150 million yuan. This investment will help to expand the company's future layout in the new energy industry and deepen the resource and business cooperation with relevant parties in the new energy field. This investment is in line with the company's future industrial investment development direction and further optimize the company's investment layout in the new energy industry chain.