Industrial Investment Fund Signing Ceremony Held in Yueyang

On the morning of September 2, the signing ceremony of the Yueyang Industrial Investment Fund was held at the Shore of South Lake. It marked the successful establishment and official operation of the Yueyang Industrial Investment Fund. It will be a new force for financial development. Wang Yi’ou, secretary of the CPC Yueyang Municipal Committee, municipal leaders Tan Zhenghong, Huang Junjun, Chen Gehui, Liu Xiaoying, Liu Tiejian; Wang Min, chairman of Yueyang Enterprise Chamber of Commerce in Beijing; and, fund partner representatives attended. At the signing ceremony, representatives of 10 fund partners signed agreements, representatives of two investment attraction companies signed strategic cooperation agreements for industrial fund investment, and representatives of 10 reserve listed companies signed industrial fund strategic investment cooperation agreements.


Yueyang City Industrial Investment Fund is led by the Yueyang Municipal Investment and Guaranty Company. An industrial investment fund of 500 million yuan will be founded, with 200 million yuan invested from the Yueyang Financial High-tech Industrial Investment Company, a subsidiary of the Yueyang Municipal Investment and Guaranty Company, 150 million yuan from Yueyang Urban Investment Group, and 150 million yuan from Beijing Taiyouxi Venture Capital Management Co., Ltd., Yueyang Enterprise Chamber of Commerce in Beijing, and some key member companies.

Translator: Xiao Juan
Chinese source: yueyang.gov.cn