Wuxi Autowell Technology Co Ltd688516
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Autowell invests 10M yuan in a venture capital fund to deploy in strategic emerging industries, a capital allocation move.

Autowell announced that, in order to deploy in strategic emerging industries such as high-end equipment and new materials, the company plans to use its own funds to subscribe for limited partner shares in the Shenzhen High-Tech Investment NJUST Venture Capital Fund Partnership. The fund has a total committed capital of 140 million yuan, and the company, as a limited partner, intends to invest 10 million yuan to subscribe for fund shares, accounting for 7.14 percent.
Wuxi Autowell Technology Co LtdAutowell invests 10M yuan in a venture capital fund to deploy in strategic emerging industries, a capital allocation move.