Xi Venture Capital collaborates with Suqian Guotou to establish a 1 billion yuan Suqian Guokai Fund

　　On May 16th, the Suqian Guokai New Technology Equity Investment Fund with a total scale of 1 billion yuan officially signed a contract, marking the first fund cooperation between Wuxi and Suqian. The fund is jointly established by Xichuang Capital and Suqian Guotou, and operated by Guolian Xinchuang Management, a subsidiary of Xichuang Investment. Hua Xiaofeng, Vice President of Guolian Group and Chairman of Xichuang Capital, and Wang Feng, Deputy Secretary of the Party Working Committee and Director of the Management Committee of Suqian Economic and Technological Development Zone, attended the signing ceremony and delivered speeches.

　　The establishment and operation of the Suqian Guokai New Technology Equity Investment Fund has opened a new chapter from the shore of Taihu Lake to the banks of the ancient Yellow River. It is also an innovative exploration to implement General Secretary Xi Jinping's strategic thinking of "doing a good job in regional complementarity, cross river integration, and north-south linkage", and to achieve cooperation, co construction, and high-quality development.

　　Xi Venture Capital and Suqian Guotou will continue to promote resource sharing, strengthen exchanges in capital operation, project screening and evaluation, investment risk management, etc., expand the effect of investment cooperation circle, focus on deepening capital operation and empowering industrialization, give full play to the role of state-owned capital in guiding social capital and optimizing resource allocation, jointly explore new models of industrial development, promote the transformation and upgrading of traditional industries and the cultivation and growth of emerging industries, attract financial vitality, and provide effective financial support and high-quality service guarantees for industrial development.