Western Securities, Shaanxi State-Owned Assets and other newly established investment funds contributed 2 billion yuan.

According to the app, recently, Shanxi Zhanxin Industrial Development Mergers and Acquisitions Investment Fund Limited Partnership was established with a capital contribution of 2 billion yuan. Its business scope includes: engaging in investment activities with its own funds; venture capital; private equity fund management, and venture capital fund management services. Equity penetration of shows that the company is jointly funded by Western Securities' wholly-owned subsidiary Western Advantage Capital Investment Co., Ltd., Chang'an Huitong Group Co., Ltd. under the State-owned Assets Supervision and Administration Commission of the People's Government of Shanxi Province, ICBC Financial Asset Investment Co., Ltd., etc.