CCUI, together with Shenzhen Municipal Government and relevant venture capital enterprises established the Shenzhen Shipping and New Energy Fund. The investment fields include shipping, new energy, environmental protection, power, intelligent manufacturing and key technologies in other industry. The total scale of the fund is 10 billion, with the first scale of 3 billion. Shenzhen Venture Guidance Mother Fund contributed 35% of the fund.
Fund partners: Shenzhen investment guidance fund, CNNC, Shanghai Electric Company. The reserve projects include high concentration ozone technology treatment project, garbage treatment project and offshore oil drilling and production technology project.
The total scale of high-end equipment manufacturing fund, which is to be set up by CCUI and CRRC, is 2 billion, with a first scale of 500 million. It will invest in key enterprises in strategic key industries, such as high-end manufacturing. In collaboration with government, finance and industry, it will push forward the formation and development of high-end manufacturing industry cluster.
This is the first fund officially managed by CCUI (Shanghai) Asset Management Co., Ltd. The fund has settled in Wuxi. The invested projects include: SH Corporation, Beijing Puran Railway Braking High-tech and Demos.
Ningbo CRRC Private Equity was established in December, 2015. The total registered capital is 15 million, while 33 percent of share is held by CCUI.
On January 14, 2016, Ningbo CRRC completed the registration of private fund managers in China Securities Investment Fund Industry Association, registration number: p1030339. It manages five sub fund products and invests in rail transit construction and equity special investment, with a management scale of 1 billion yuan. The invested projects include BOFEI Electric, LEAP MOTO, etc.
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