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China Resources Pharma forms 1bn yuan innovation fund

July 17, 2025 at 11:02 AM UTCBy FilingReader AI

China Resources Pharmaceutical Group announced the formation of a 1 billion yuan innovation investment fund with a seven-year term. The group will commit approximately 245 million yuan, representing 24.5% of the fund's total commitment.

The fund will engage in equity investment and venture capital within pharmaceutical and health industries, and strategic emerging sectors. Shenzhen China Resources Capital Equity Investment is expected to manage the fund.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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