Fangda Special Steel Technology Co.Ltd(600507) announced that the company plans to jointly initiate the establishment of Jiangxi huxu iron and steel industry investment partnership (limited partnership) with related party Shanghai huxu. The total scale of the fund is expected to be 10 billion yuan, and the company, as a limited partner, plans to invest 4 billion yuan. The fund mainly focuses on equity investment in the steel industry.
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