Winnovation Culturaltainment's subsidiary plans to participate in the investment to establish the Xiaoshan Fund
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Winnovation Culturaltainment's wholly-owned subsidiary, Canal Changji, plans to jointly invest with YouTian Fund and other partners to establish the Xiaoshan Fund, with a total subscribed capital contribution of 200 million yuan. Canal Changji's subscribed capital contribution is 19 million yuan, accounting for 9.5%
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