Cathay Capital is the manager of the Sino French Fund, which focuses on investing in small- and mid-sized companies in China and France.
This investment is the second for Sino French Fund. In February, it invested in Paris-based Flexitallic Group, a company that manufactures and supplies high quality industrial sealing products and gaskets.
Cathay Capital manages two other funds, €70 million-under-management Cathay Capital I and €190 million-under-management Cathay Capital II. The company has offices in Beijing, Shanghai, Paris and New York.
Shanghai Zhengming Modern Logistics is a supply chain logistics solution provider specializing in cold chain logistics, auto-part logistics and logistics of pharmaceutical industry business. Its network covers 90% of major cities and has over 600 modern cold chain transport vehicles, over 50 special container transport vehicles and over 300 other transport vehicles.