FilingReader Intelligence

Wuxi Taiji Industry to invest in equity fund

May 20, 2025 at 05:18 AM UTCBy FilingReader AI

Wuxi Taiji Industry (SSE:600667) announced its independent directors have approved the company's participation in establishing the Juyuan Qixin Equity Investment Fund (Wuxi) partnership. The decision was made during the tenth board's twenty-sixth meeting, held on May 16, 2025. The independent directors stated the investment aligns with the company's normal business activities, and the terms, including capital contributions and profit-sharing, are fair and reasonable. The investment will be funded from the company's own capital and will not negatively impact operations or shareholder interests.

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

SSE:600667Shanghai Stock Exchange
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