Puhui Wealth Investment Management Co. Signs Strategic Cooperation Agreement with YINGKE PE
Puhui Wealth Investment Management Co., Ltd. - Ordinary Shares (PHCF)
Company Research
Source: PR Newswire
BEIJING, Jan. 25, 2019 /PRNewswire/ -- Puhui Wealth Investment Management Co., Ltd. (Nasdaq: PHCF) ("Puhui" or the "Company"), a third-party wealth management service provider with a focus on wealth management services for high net worth individuals and corporate clients, today announced it has entered into a Strategic Cooperation Agreement (the "Agreement") with YINGKE Innovation Asset Management Co., Ltd. ("YINGKE PE"), to jointly establish an equity investment fund in the scale of RMB 1 billion (the"Investment Fund"). Pursuant to the Agreement, the Investment Fund will target investment opportunities in sectors of bio-pharmaceuticals, medical and health care, intelligent manufacturing, consumer upgrade, new energy, environmental protection and other industries in China. The specific terms of the cooperation between the Company and YINGKE PE, are being further developed between the parties. Mr. Zhe Ji, Chairman and CEO of the Company, commented, "We are excited to collaborate with
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