Funding 100 million yuan Sichuan Panzhihua to build the first venture capital investment company

August 27, Panzhihua first venture capital company-Jinyuan Venture Capital Co., Ltd. was formally established.　　The company funded 100 million yuan as an investment fund to promote the city's High-tech industrialization, opening up new economic growth points. It is understood that Panzhihua to establish and improve the venture capital system as the implementation of "to build China's vanadium and titanium of the capital, the construction of special economic strong city" strategy of a necessary measure, by the government-led, enterprise participation, a variety of joint venture venture capital companies, around the direction of industrial development, through the Maximizing the leverage of funds to maximize the role of industry-driven, but also accompanied by high-risk projects to give financial support. It is reported that the key investment object is the comprehensive utilization of vanadium and titanium resources, new energy, materials, modern manufacturing, modern agriculture and modern service industries. Screening High-tech achievements for cultivation, commercialization and industrialization, so as to become a high growth of High-tech enterprises, at the same time, the choice of the expansion of small and medium-sized innovative enterprises, improve the equity structure, to promote rapid development. The company will take equity investment and signed a cooperation agreement to participate in the project investment, and adhere to the principle of staged shareholding, the investment projects timely timing to exit.