Ningbo Industrial Investment and Ningbo Commerce Fund have established a venture capital fund with a capital investment of 1 billion yuan.

Tianyancha's business information shows that on August 25th, Ningbo Gongtou Ruijing Entrepreneurship Investment Fund Partnership Enterprise was established, with the executive general partners being Ningbo Industrial Investment Group Co., Ltd. and Ningbo Tongshang Fund Management Co., Ltd. The capital contribution is 1 billion RMB, and the business scope includes equity investment, investment management, asset management, and other activities through private equity funds. The partner information shows that the fund was jointly funded by Ningbo Industrial Investment Co., Ltd. and Ningbo Tongshang Entrepreneurship Investment Partnership Enterprise.