China Minmetals River Steel Development Equity Investment Fund is established, with a total size of 32 billion yuan.

On December 25th, the Zhongjin Hegang Development Equity Investment Fund held its inaugural meeting at the Hegang Research and Development Center. The fund was jointly initiated and established by Hegang Group and Zhongjin Capital, and has recently completed its filing process with a total size of 32 billion yuan and a 15-year operating period.