Shaanxi to set up a joint venture investment company size of 150 million yuan

Digging the net July 2 news recently, Shaanxi Province venture capital and Shanghai-China Venture Capital Management Co., Ltd. signed a cooperation to establish Shaanxi Union Shing Venture Capital Co., Ltd. agreement. The Agreement investment scale is not less than 150 million yuan, in which the Guide fund invests 20 million yuan, the Shanghai public is responsible for raises not less than 130 million yuan the remaining funds. The two sides agreed that the pace of cooperation would be accelerated and that new funds and investment operations would be formed as soon as possible.　　The signing of this cooperation agreement marks the beginning of the substantive operation of the venture capital Investment Guide Fund of Shaanxi province. In Shanghai, Shaanxi Provincial Development and Reform Commission inspector, Shaanxi Province venture Capital Steering fund Council chairman Huang Saimong, etc. also visited the Shanghai Fuxing Investment Management Co., Ltd. and Germany and Capital Management Limited, and with the two companies responsible for the establishment of cooperation in Shaanxi Investment fund related issues have been fully communicated and exchanged, Have reached a cooperative intention.