Chinese pet food producer to invest $20m in Jinding Capital's new RMB fund

Chinese pet food producer to invest $20m in Jinding Capital's new RMB fund

Source: Erda Estremera/Unsplash

Yantai China Pet Foods, a publicly-listed pet food producer in China, plans to invest 125 million yuan ($19.6 million) in a new RMB-denominated fund set up by investment firm Jinding Capital, the investor disclosed in a filing with the Shenzhen stock exchange on Wednesday.

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