On December 13, Yili Group (600887) announced that its wholly-owned limited partnership, Jianling Capital, Jianling Seed Fund, and Jianling Mother Fund, will collectively invest 130 million yuan to establish a venture capital fund. The fund will focus on seeking early-stage investment opportunities in innovative startups in the health food sector. It will primarily target small and medium-sized technology-driven enterprises in their startup phase, concentrating on the “big health” sector with a focus on food science and life sciences. (Source: EastMoney.com)
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