On June 6, Conch Cement announced that the company intends to co-invest with six partners, including Haitong Kaiyuan, Conch Capital, Wuhu Production and Investment, Wuhu High-tech Fund, Jinghu Zhenye and Ningbo Shangyi, to establish Anhui Conch Haitong Industrial Internet Parent Fund Partnership (tentative name: Subject to the name approved by the enterprise registration authority, the total size of the fund is 5 billion yuan, and the company, as a limited partner, intends to subscribe 1.5 billion yuan with its own capital, accounting for 30% of the capital subscribed by the partnership.
The announcement disclosed that the parent fund of the industrial Internet and the sub-fund established through the establishment will focus on projects with good development prospects in the "industrial Internet +" ecological platform. Including intelligent manufacturing, industrial platform, industrial software, industrial supply chain, industrial application solutions, industrial Internet hardware, blockchain, cloud computing, Internet of Things, artificial intelligence, 5G and other fields.