On September 26, Tianjin Yirun Growth Holding Co., Ltd., the first limited partnership enterprise in Tianjin, was established in Tianjin Economic and Development Area ("TEDA"). The limited partnership enterprise consisting of 18 LPs and one GP is mainly engaged in equity investment of high-tech enterprises and growing enterprises.

As a popular enterprise incorporation form in private equity investment fund, real estate investment trust and venture capital investment fund circle, limited partnership has created new legal space for the financing innovation of the capital market of TEDA. The establishment of Tianjin Yirun Growth Holding Co., Ltd. is undoubtedly a beneficial trial of TEDA in attempting new enterprise constitution form.