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Zhejiang Wenyi Film Industry: Plans to Invest 200 Million Yuan to Participate in the Establishment of a Film Industry Fund
People’s Financial News, March 24 — Zhejiang Wenying Media (601599) announced on March 24 that the company plans to jointly sign the “Zhejiang Film Industry Fund Partnership Agreement” with related parties Changjiang Triangle Digital Private Equity Fund Management (Hangzhou) Co., Ltd. and other investors. The company will participate as a limited partner in establishing the Zhejiang Film Industry Equity Investment Partnership Enterprise (Limited Partnership) (referred to as the “Fund”). The total committed capital for the fund is 1.009 billion yuan, with the company planning to contribute 200 million yuan, accounting for 19.82% of the total committed capital.