Wuxi Municipal Administration of Industry and Commerce has established a new industry equity fund with a capital contribution of 300 million yuan.

Tianyancha's business information shows that recently, the Wuxi City Political Power Emerging Industry Equity Investment Fund Limited Partnership was established, with Wuxi Guolian Capital Operation Private Equity Fund Management Co., Ltd. as the executive general partner, with a capital contribution of 300 million RMB. Its business scope includes engaging in equity investment, investment management, asset management activities through private equity funds, using its own funds for investment activities, venture capital, and equity investment. The partners of the fund are Wuxi Energy Group Co., Ltd., Jiangsu Xizheng Real Estate Co., Ltd., Wuxi City Municipal Public Utilities Industry Group Co., Ltd., and Wuxi Guolian Capital Operation Private Equity Fund Management Co., Ltd. together contributing.