bingoonlinegcash| Linfu Shanghai-Chongqing Mother Fund has 1 billion registered capital: a key step in the coordinated development of Shanghai-Chongqing industries

News summary

Lingang Group and Chongqing Yufu Holding Group have established a 1 billion yuan mother fund to promote industrial collaboration between Shanghai and Chongqing and focus on cooperation in automobiles, electronic information, biomedicine and other fields.

Newsletter text

[Linfu Shanghai-Chongqing Mother Fund was established in Shanghai with a registered capital of 1 billion yuan] On May 16, Linfu Shanghai-Chongqing Mother Fund held an establishment signing ceremony at the Shanghai Lingang Bund Center. The fund was jointly initiated by Lingang Group and Chongqing Yufu Holding Group, with a registered capital of 1 billion yuan.

The parent fund will adopt "fund + base + industry"bingoonlinegcashThe investment model, key investment areas include automobiles, electronic information, biomedicine, etc., to promote cooperation in industrial funds, industrial investment and technological innovation. Weng Kaining of Lingang Group emphasized that this is a key step for the group to promote high-quality industrial development and build a "six innovation empowerment system".

Hu Jiquan of Yufu Holding Group said that relying on the rich industrial resources and post-investment empowerment experience of Lingang New Area, the mother fund will promote the deployment of scientific and technological innovation and the development strategy of the Yangtze River Economic Belt to achieve a win-win situation of strategic value and economic benefits.

After signing the contract, Gong Wei of Lingang Group accompanied Hu Jiquan and his party to visit Jiao Tong University Zhibang Technology Co., Ltd., Daosheng Tianhe Materials Technology Co., Ltd. and Lingang Lanwan Park to gain an in-depth understanding of the development of the group's park industries. In recent years, Yufu Holding Group's investment in advanced manufacturing and strategic emerging fields has reached 585%.bingoonlinegcash.600 million yuan. In 2023, Yufu Holding Group initiated the establishment of a 200 billion yuan Chongqing City Industrial Mother Fund to serve Chongqing's industrial development with fund investment leadership.

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