SDIC Group and China Mobile Communications will set up a joint venture with SDIC Group and fund management company * * *, with a capital contribution of 2.55 billion yuan. Among them, China Mobile contributed 654.38+05 billion yuan, accounting for 588.235% of the shares, SDIC Group contributed 654.38+00 billion yuan, and fund management companies contributed 50 million yuan, accounting for 654.38+0.96% of the shares. According to the actual situation, the partnership can increase the total subscribed capital to no more than RMB 5 billion within the window period.
The joint venture company mainly invests in potential companies in the field of mobile internet and related upstream and downstream industries, and seeks appropriate opportunities to exit in an appropriate way to create a good return on investment for partners.
SDIC Group has five A-share listed companies, namely SDIC Power, SDIC Xinji, ST Zhonglu, China Textile Investment and Zhongcheng, which will benefit from the establishment of China Mobile Joint Venture.