China Merchants Capital and Yantai Municipal Fund signed a memorandum of cooperation in the medical industry investment Health
September 1, 2015, to deepen the strategic cooperation Yantai and China Merchants Group, boosting the rapid development of the health care industry in Yantai City, China Merchants Capital and Yantai municipal cooperation on the establishment of a healthy pharmaceutical industry investment fund signed a memorandum of cooperation. Vice Mayor of Yantai Municipal Yang Li, Li Yinquan China Merchants Capital and general manager, assistant general manager Mu Guodong, attended the signing ceremony.
China Merchants health care industry 1 billion yuan fund target size, duration of the fund is 5 years, set up five years after the 2-year extension to determine whether the project investment by the fund manager and quit the case.
The signing of a memorandum of cooperation, will push forward the establishment of a healthy pharmaceutical industry investment fund work to further promote the development of Yantai and China Merchants Group industry. (Text / Han Lei)