Steyr Motors to invest in Industrial Fund Partnership  [ China ]

Steyr Motorsannounced that the company, Shenzhen Rongtong Capital Management Cp., Ltd., and CFII Beijing will jointly establish Hubei Steyr CICC Industrial Fund Partnership. Shenzhen Rongtong will provide CNY 650 million and own 86.67%, Steyr will provide CNY 90 million and own 12%, and CFII Beijing will provide CNY 10 million and own 1.33% of the new company. Hubei Steyr CICC Industrial Fund P...