Huaxia Bank Holding Investment Fund was established to raise 5 billion yuan to focus on traditional industry upgrades (VC305)

According to industry sources, the China Xiayin Holding Investment Fund was officially launched in Shanghai on May 10, and this fund will focus on industrial upgrading of traditional industries. Shanghai Fuyuan Banking Investment Management Co., Ltd. became the core management institution of Huaxia Bank's controlling investment fund.

It is reported that the total investment amount of Huaxia Bank's controlling investment fund is 5 billion yuan, of which the first phase of the plan is 2 billion yuan, mainly investing in the traditional industry upgrade business in the central cities of the Yangtze River Delta, Bohai Rim and Pearl River Delta. Investment areas include: service industry upgrading projects in traditional industries such as coastal industries, automobiles and steel. The fund is divided into four phases: specific income rights fund, financial service industry fund, and port logistics fund in coastal industrial agglomeration areas. Among them, the first phase launched is a specific income rights fund for coastal industries.

Because of the direct investment syndicated management model, there will be several PE funds and direct investment institutions to participate in the project investment of Huaxia Bank's controlling investment fund.

The above information source "Venture Investment" is authorized by the China Venture Capital Research Institute (CVCRI) to publish it. All rights reserved. Please indicate the source when reprinting. For more information, please click download to view all articles.
Contact number 400-609-6665 800-999-3099
E-mail: