Gree and Ninestar Affiliate Form Fund to Support Zhuhai’s Chip, Printer, and Supplies Industries


Reports out of China in mid-May indicate that Zhuhai-based Gree Group, a large state-owned enterprise (SOE) owned by the Zhuhai government, has established a venture capital fund with two other Zhuhai firms, Zhengfang Venture Capital and Seine Printing Technology, Ninestar Corporation’s controlling shareholder. The fund will provide capital to China’s printing hardware and consumables industries

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