FilingReader Intelligence
Ningbo Yongxin Optics exits 300m yuan fund after investor default
August 13, 2025 at 05:14 PM UTC•By FilingReader AI
Ningbo Yongxin Optics has terminated its participation in the Ningbo Yonghui Venture Capital Partnership after an individual investor failed to complete their initial capital contribution, preventing the fund's first closing.
The fund had a target size of 300 million yuan, with Ningbo Yongxin Optics set to contribute 15 million yuan for a 5% stake. The company's initial contribution of 6 million yuan will be returned.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
SSE:603297•Shanghai Stock Exchange
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