Douson Drilling & Production Equipment Invests 10 Million Yuan in Equity Fund; Shares Fall 3%

MT Newswires Live

2025/03/13

Suzhou Douson Drilling & Production Equipment (SHA:603800) subsidiary Levi Investment will invest 10 million yuan to acquire a 22.2% stake in Gongqingcheng Bifang Venture Capital Partnership.

The fund focuses on equity investments in unlisted enterprises, according to a Thursday filing with the Shanghai bourse.

Shares of the wellhead equipment maker were down over 3% in recent trade.

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