Jinli Permanent Magnet: Wholly-owned Subsidiary Plans to Invest Up to 20.8 Million Yuan in Tianjin Chuangneng Fund

MetaMuskRat · 2026-03-17T09:50:24+00:00

People Finance News, March 17 — Jingli Permanent Magnet (300748) announced on March 17 that the company's wholly-owned subsidiary, Jingli Permanent Magnet (Ningbo) Investment Co., Ltd., plans to participate in the investment of Tianjin Chuangneng Entrepreneurship Investment Partnership (Limited Partnership) (referred to as "Tianjin Chuangneng Fund") with its own funds not exceeding 20.8 million yuan. Leveraging its resources and competitive advantages in the rare-earth permanent magnet materials industry chain, the company will cooperate with professional investment institutions to participate in industrial funds, further optimize its industrial chain layout, promote complementary development between business operations and capital operations, and enhance overall competitiveness.

MetaMuskRat

2026-03-17 09:50:24

People’s Financial News, March 17 — JINLI Permanent Magnet (300748) announced on March 17 that its wholly-owned subsidiary, Jinli Permanent Magnet (Ningbo) Investment Co., Ltd., plans to invest up to 20.8 million yuan in Tianjin Chuangneng Venture Capital Partnership (Limited Partnership) (referred to as “Tianjin Chuangneng Fund”). Relying on its resources and advantages in the rare earth permanent magnet material industry chain, the company aims to further improve its industrial layout by collaborating with professional investment institutions to participate in industry funds, promoting a healthy synergy between business operations and capital management, and enhancing the company’s overall competitiveness.

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