Sinovation Ventures and China Resources Capital have jointly established a joint venture company with a registered capital of 500 million.

Tianyancha App shows that recently, Shenrun Guochuang (Shenzhen) Investment Co., Ltd. was established, with Zhao Hongtao as the legal representative and a registered capital of 500 million RMB. Its business scope includes investment activities using its own funds and information consulting services. It is jointly owned by Shenzhen Shenchuang Hongtu Private Equity Investment Fund Management Co., Ltd. and China Resources Investment Venture Capital Co., Ltd.