CITIC Trust, ICBC Investment and others have established an equity investment partnership in Hangzhou with a capital contribution of 1 billion.

According to the Tianyan App, recently, Hangzhou Xiaoshan Jinkai Gongrong Xin Equity Investment Partnership Enterprise was established, with the executive partner being CITIC Juxin Capital Management Co., Ltd., with a contribution amount of 1 billion RMB. Its business scope includes equity investment and venture capital. It is jointly funded by Hangzhou Xiaoshan Economic and Technological Development Zone State-owned Capital Holding Group Co., Ltd., ICBC Financial Asset Investment Co., Ltd., and Tianjin Juxin Tianan Equity Investment Partnership Enterprise under CITIC Trust.