SITE MAP
中文 / EN
NEWS
Dongguan Golden Control Signs Two Major Municipal Projects
Release time:2017-03-10
Share:

On the morning of March 9, the Dongguan Major Project Construction Promotion Conference and the project's centralized signing and construction activities were held in Fenggang Town.


During the ceremony, witnessed by the leaders of the city, Liao Yulin, Chairman of Dongguan Jinhua Group, and Sun Dongsheng, President of Shenzhen Innovation Investment Group Co., Ltd. (hereinafter referred to as “Shenzhen Venture Capital”) signed the Dongguan Industrial Investment Fund (hereinafter referred to as "Mother Fund") Cooperation Framework Agreement of Interest, and Dai Huakun, deputy general manager of Guangdong Yueke Financial Group Co., Ltd. (hereinafter referred to as "Yueke Group"), signed the Guangdong Provincial Major Science and Technology Special Venture Capital Fund (hereinafter referred to as "Investment Fund"). ) Cooperation Framework Agreement of Interest. The two projects have a total scale of nearly 4 billion yuan.


The signing of the agreement marks the official landing of the two funds in Dongguan. Based on the policy requirements, the fund will focus on the needs of industrial transformation and upgrading in Dongguan City, and direct the government to leverage social funds to invest in strategic industries and cultivate emerging industries, deepen the integration of science and technology, finance, and industry, and help explore capital market forces to promote structural reforms. The new route further compensates for the shortcomings in the development of the capital market in Dongguan.


Signed Dongguan Venture Capital Fund


The Dongguan City Venture Capital Fund is the first capital invested by Dongguan Jinchen Representing the Municipal Government for a total of RMB 1 billion. It does not aim at profit, and it is a special fund to support innovation and entrepreneurship, foster new industries, and guide industrial development.


The parent fund adopts the “all entrusted management” method. The management company established by Shenzhen Venture Capital and Dongguan Jinhua in Dongguan is responsible for the day-to-day operation and management of the parent fund.


Sign major provincial science and technology special venture capital investment fund


The Guangdong Provincial Major Science and Technology Project Venture Capital Fund is an investment fund jointly established by Guangdong Yueke Group and jointly with Dongguan Jinhua, based on the spirit of the Provincial Department of Science and Technology and the Department of Finance's relevant documents.


The investment fund aims to better support the development of the nine major scientific and technological special fields in Guangdong Province and expand the financing channels of high-tech early-stage enterprises. The total size of the investment fund is 2.896 billion yuan, and the amount of investment of Dongguan Golden Controls does not exceed 693 million yuan. After signing the agreement, the leaders of the two sides stated that they will further deepen cooperation, give full play to their respective advantages, and achieve mutual benefit and win-win results. Secretary of Dongguan City Party Committee Lu Yesheng, Mayor Liang Weidong, Executive Deputy Mayor Bai Tao and other leaders of the city, Chairman of Dongguan Jinhua Group Liao Yulin, Deputy General Manager Li Gaofei, Assistant Chairman Jiang Fan, Office Director Deng Zhiquan, Investment Management Department General Manager Jiang Qingwen and others attended activity.