Visionary Holdings Establishes Industrial Fund in Hong Kong to Boost New Energy Vehicle Business Growth
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Visionary Holdings (GV) has established a $50 million industrial fund in Hong Kong to support its PEGASUS new energy vehicle project. The fund will focus on investing in new energy-related industries, with Visionary contributing 10% of the total amount. The company is also seeking strategic partnerships with global institutions like the Public Investment Fund of Saudi Arabia and Alfardan Group of Qatar.
March 26, 2025 | 1:15 pm
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POSITIVE IMPACT
The $50 million industrial fund demonstrates Visionary's commitment to expanding its PEGASUS new energy vehicle project through strategic financial investments and potential global partnerships.
The fund represents a significant strategic move to support the company's new energy vehicle business, potentially driving future growth and investor confidence.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100