Jiangsu Province establishes a new industrial fund for the expansion and capacity increase, with a capital injection of 10 billion yuan.

The Quantai APP shows that recently, the Jiangsu Province has established the Zengzi Kuochan Zhan Xinchan Industry Fund with a capital contribution of 10 billion yuan, with business scope including equity investment and investing activities with its own funds. The equity penetration of the Quantai shows that the company is jointly financed by the Jiangsu Province Strategic Emerging Industry Mother Fund Co., Ltd. and Suzhou Innovation Investment Group Co., Ltd.