Hubei High and Venture capital fund 17th set up a total size of 400 million yuan

Yesterday, the first Chinese-Foreign Cooperative Venture investment fund-Hubei High and venture capital fund set up.　　The fund is funded by the provincial high-tech Industry Investment Co., Ltd., the Provincial Technology Investment Co., Ltd. and Japan Daiwa Investment Corporation, and the three parties have signed the cooperation agreement. The total scale of Hubei high and venture capital investment fund is 400 million yuan, of which Daiwa Capital contribution is 60%.　　This is the first Chinese-foreign cooperative Renminbi investment Fund to be established in China. Daiwa Investment is the only venture capital that integrates securities and banking advantages in Japan, and mainly invests in VC and merger.　　Since its inception in 1982, the company has invested a total of $3.5 billion in 2,636 companies, of which 786 have been listed. It is reported that Hubei High and venture capital investment funds are: science and technology, environmental protection, energy saving, consumption and other fields of high-growth Enterprises, the Chinese partner recommended in Hubei province listed in the Reserve army.