Xinhuanet invests in new energy equity investment fund

Xinhuanet Co., Ltd. has announced that its wholly-owned subsidiary, Xinhuanet Venture Capital Co., Ltd., will invest CNY 15 million in the newly established Xinhuanet Shengshi Qingneng (Nantong) Equity Investment Fund Partnership (Limited Partnership). The total committed capital to the fund is CNY 35.01 million. The fund will primarily target investments in the new energy sector, with a focus on equity investments in Huaisheng Clean Energy Technology Group Co., Ltd.