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Shenzhen Futian District VC Guidance Fund to Invest Three Projects
2008-07-09   Securities Daily  Haiyan Tu

Currently, Shenzhen Futian District Innovation Enterprise Investment and Financing Federation is proclaimed to be found. Its establishment was led by Shenzhen Venture Capital Association (SZVCA) and co-launched by more than 40 various investment and financing organizations and the relevant high-end service organizations.

As the new platform of investment and financing of small- and medium-sized high growth innovation enterprise, the Federation is the first in the nation. Shouren Wang is selected President of the Federation. The representatives of Hong Kong VC & PE Association and Taiwan Venture Capital Association took part in the founding conference as special members of the Federation.

Meanwhile, the Futian District Venture Capital Guidance Fund (the Fund) has also been established. The Fund is initiated by both Futian District Government and Shenzhen Capital Group Co. Ltd., with each investing 50%. The signing ceremony of three investment projects of the first batch of the Fund is also held in the conference.