Sinopec Capital and others establish Modern Petrochemical New Materials Industry Fund with an contribution of 5 billion yuan

Gelonghui April 2 | According to Qichacha, recently, the Chaoyang Modern Petrochemical New Materials Industry Fund (Yueyang) Partnership Enterprise (Limited Partnership) was established. The contribution amount is 5.0 billion yuan, and its business scope includes: venture capital investment (limited to investments in unlisted enterprises); carrying out activities such as equity investment, investment management, asset management, and more through private funds. Equity look-through shows that the partnership is jointly held by China Petroleum & Chemical Corporation Capital Co., Ltd., China CCB Financial Asset Investment Co., Ltd., and others.

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