Meijin Energy fund registers, secures initial capital

Shanxi Meijin Energy Company (Meijin Energy) announced that the Anhui Junan Equity Investment Fund Partnership (Limited Partnership) has successfully completed its industrial and commercial registration and obtained a Private Investment Fund Filing Certificate. This marks a significant step forward in the fund's establishment.

All partners have collectively contributed 300 million yuan in paid-in capital to the equity investment fund. Meijin Energy previously committed 150 million yuan as a limited partner in the fund.

Meijin Energy also issued risk warnings, noting that the fund's preparation might face challenges such as partners failing to pay their full capital contributions, leading to uncertainty in actual fundraising. The company reiterated that the fund has long investment cycles, low liquidity, and no guarantees of principal or minimum returns, making it subject to various economic and operational risks.