Meijin Energy advances in equity investment fund launch

Shanxi Meijin Energy (SZSE:000723) has announced that its co-sponsored equity investment fund, named Anhui Junan Equity Investment Fund Partnership (Limited Partnership), has completed its business registration. The fund, established with partners including Ningbo Lianchuang Yongjun Private Equity Fund Management Co., Ltd., and others, has received its business license from the Ma'anshan City Yushan District Market Supervision and Administration Bureau. Meijin Energy is contributing CNY 150 million as a limited partner to the fund, which has a total committed capital of CNY 1 billion. The fund will focus on equity investment, investment management, and asset management activities, subject to registration with the Asset Management Association of China.