The Yancheng Economic Development Zone has established a high-quality first-phase investment fund with a total investment of 1 billion yuan.

According to the Qi Cha Cha app, recently, the Salt City Economic and Technological Development Zone established a high-quality first-phase industrial investment fund partnership enterprise, with a total investment of 1 billion yuan. Its business scope includes engaging in equity investment, investment management, asset management, and other activities through private equity funds. Equity penetration data from Qi Cha Cha shows that the company is jointly funded by Yueda Capital Co., Ltd. and others.