After AI express, on February 25, 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 its related party Shanghai huxu. The total scale of the fund is expected to be 10 billion yuan, and the company plans to invest 4 billion yuan as a limited partner. The fund mainly focuses on equity investment in the steel industry.
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