CMOC Group boosts investment in high-growth sectors fund

CMOC Group Limited announced supplementary information regarding its investment in a limited partnership fund. The fund's objective is to achieve favorable capital returns through equity and equity-related investments, focusing on high-growth sectors such as technology, healthcare, and consumer products and retail. Investment criteria include management team integrity, market position, business growth potential, transaction terms, and expected returns.

Xizang Shmok, a wholly-owned subsidiary of CMOC Group, is investing RMB500 million in the fund, representing approximately 12.497% of the total capital commitment. This investment aligns with the group's treasury management objective and long-term investment strategy, aiming for enhanced shareholder value and consistent risk-adjusted returns. The investment will be accounted for as financial assets at fair value through profit or loss.

The fund's general partner, Boyu Tianshu, and manager, Boyu Taoran, are wholly-owned by Boyu Jingtai (Ningbo) Investment Management Co., Ltd., which is equally owned by Tao Rong and Huang Ailian. Boyu Taoran, a private equity and venture capital fund manager registered with the Asset Management Association of China, manages assets exceeding RMB10 billion and has a strong track record.