On June 18, Chengdu Industry Investment Group and Beijing Xiaqi Jiuding Investment Center and other two investors jointly launched Chengdu Xingbang Jiuding Investment Center in the form of limited partnership. This is to date the first PE fund in Southwest China.

Days ago, the four initiators of the PE Fund - Beijing Xiaqi Jiuding Investment Center, Chengdu Industry Investment Group, Chengdu Rongxing Venture Capital Co., Ltd, and Chengdu Yinli Jiuding Investment Management Co., Ltd. held a conference in Chengdu. They signed relevant investment agreements. Based on the agreement, the PE Fund scales RMB300M. Currently, the executive partners are contacting many deals.