, Shanghai Electric and others establish private equity fund with an investment of 5 billion.

The Tianyancha App shows that recently, the Shanghai Intelligent Manufacturing Leading Private Equity Investment Fund Partnership has been established, with Jiangyin Capital Management Co., Ltd. and Shanghai Electric Private Fund Management Co., Ltd. as the managing partners. The fund has a contribution of 5 billion RMB, and its business scope includes equity investment, investment management, and asset management activities through private equity funds. The partner information indicates that this fund is co-funded by Jiangyin Financial Asset Investment Co., Ltd., Shanghai Electric Holding Group Co., Ltd., and others.