SH-listed Marubi ties up with Jinding Capital to launch industrial fund at $141m

SH-listed Marubi ties up with Jinding Capital to launch industrial fund at $141m

Beauty products, Marubi

Guangzhou-headquartered cosmetic products company Guangdong Marubi Biotechnology Co.,Ltd has teamed up with consumption-oriented investment management firm Jinding Capital to launch an industrial fund for 1 billion yuan ($141 million), according to a filing with the Shanghai Stock Exchange.