The investment in the six-year-old company is being made through its Jiangsu New Yangzi Shipbuilding unit, Yangzijiang said in a stock market announcement.
It elaborated that the core businesses of Sushang are related to those of equity fund and convertible bonds investments in industries such as new materials, electronic components, intelligent hardware, Internet, big data, artificial intelligence, financial technology and high-end manufacturing, among others.
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