Dojane Capital in Joyrun Heavy Industry deal
Shanghai-based investment firm Dojane Capital, will invest RMB100 million ($14.6 million) alongside four unidentified investment institutions in Jiangsu Province-based Joyrun Heavy Industry, a large manufacturer of high-end precision casting parts.
Joyrun provides products mainly used in emerging industries such as wind power, nuclear power and high-speed rail. The fund will help the company’s further expansion and help its shift its business model...
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