Ningbo Gaofa’s Latest Announcement on Planning to Invest RMB100 Million in Gortune Ruituo Equity
Ningbo Gaofa announced that it plans to invest RMB100 million in the Ningbo Meishan Free Trade Port Area Gortune Ruituo Equity Investment Partnership (Limited Partnership) (Fund), which has a target investment totaling RMB300 million. The fund will primarily focus on investments in the life health and cutting-edge technology sectors.
The company’s chairman is Qian Gaofa. Mr. Qian Gaofa, born in 1949, holds Chinese nationality, and is an engineer. From 2000 to May 2011, he served as the Executive Director and General Manager of Ningbo Gaofa Automotive Control System Co., Ltd.; since June 2011, he has served as the company’s Chairman.
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