The first prefecture-level private equity fund under the registration and recording system in Guangdong Province – Zhongke Zhongshan Private Equity Fund was set up in the Torch Hi-tech Development Zone, Zhongshan on Oct. 30th. The nameplate of this fund was unveiled by the Li Chunhong, deputy secretary-general of Guangdong provincial government, Xue Xiaofeng, acting mayor of Zhongshan, Feng Shusheng, secretary of the Party Committee of the Torch Hi-tech Development Zone and Shan Xiangshuang, chairman of the board of directors of Zhongke Investment Co. Ltd. Zhongshan is the first to set up prefecture-level private equity fund under the registration and recording system, contributing to the reform and development of Zhongshan and the construction of the private equity fund system in Guangdong Province.

With 2 billion yuan, Zhongke Zhongshan Private Equity Fund is to invest mainly in excellent enterprises in Zhongshan and other cities in China and to provide value added service to them. It will be conducive to the improvement of the financial service system and the integration of financial capital and industrial capital in Zhongshan. As one of the main sponsors of Zhongke Zhongshan Fund, Zhongke Baiyun Private Equity Fund, is the first large private equity fund under the registration and recording system in Guangdong Province. With 5 billion yuan, it mainly invests in and supports strategic new industry and guides the establishment of private equity funds in the cities in Guangdong.