September 4, 2017 / 5:06 AM / in 3 months

BRIEF-Invengo Information Technology unit to set up JV and fund

Sept 4(Reuters) - Invengo Information Technology Co Ltd

* Says its Shenzhen-based wholly owned unit plans to invest 9 million yuan to set up a grain informatization JV, with registered capital of 30 million yuan

* Says unit plans to invest 50 million yuan to set up an intelligent IoT equity investment fund, which will mainly invest in grain industry

* Says fund’s size is 204 million yuan

* Says unit plans to invest 2.6 million yuan to set up a JV to manage the fund

Source text in Chinese: goo.gl/WkZJWN; goo.gl/mFRCpc

Further company coverage: (Beijing Headline News)

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