1. Main Responsibilities of the Custodian Bank
Determine the account opening branch of the fund custodian bank, open fundraising accounts, custody accounts, or other required accounts for the Fund, and maintain relevant account documents.
Be responsible for the Fund's fund custody, account management, fund settlement and other affairs, ensure the independence and safety of the Fund's assets, and implement dynamic supervision over investment activities.
Review fund transfer instructions and accompanying documents in accordance with the Fund agreement (articles of association), resolutions of partners' (shareholders') meetings, etc., and execute valid fund transfers accordingly.
Provide convenient channels for fund transactions, third-party custody, bank-securities transfers, and fund supervision services; offer real-time fund change alerts, account balance inquiries, fund transaction detail inquiries, and download functions.
Supervise the use of funds of the entrusted Fund, and issue quarterly, semi-annual, and annual custodian reports in compliance with the required format as stipulated by the Fund.
Assign dedicated personnel to be responsible for docking with the Fund's related work, ensure relative stability of such personnel, provide professional and efficient services, and respond to and resolve various needs during the Fund's operation within specified time limits.
Possess custody experience in government investment funds, private equity investment funds, or other fund assets.
Be a commercial bank with headquarters or branches in Nanjing, with participation in this selection limited to the head office or branches located in the Nanjing area.
Perform other responsibilities agreed upon in the fund custody agreement and other requirements specified by relevant laws and regulations. In case of any violation of the above provisions, the Fund and the manager have the right to unilaterally terminate the custody agreement, reselect a fund custodian bank, and shall not bear any liability for breach of contract.
2. Qualification Requirements for Custodian Bank Applicants
Be a legal person or branch with the capacity for civil liability, possess good business reputation and a sound financial accounting system, and maintain a good record of tax payment and social insurance fund contributions in accordance with the law.
Be one of the domestically systemically important banks (or their branches) as recently recognized by the People's Bank of China and the State Administration of Financial Regulation.
Be a commercial bank established for more than 5 years, with headquarters in Nanjing or branches in Nanjing, and possess the ability to provide localized services.
Hold fund custody qualifications approved by the Securities Regulatory Commission of the State Council (CSRC) and the State Administration of Financial Regulation.
Have a dedicated fund custody department and personnel, be able to assign dedicated staff to be responsible for relevant custody business, and ensure timely handling of issues and proposal of solutions.
Possess the necessary equipment, systems, and professional technical capabilities to perform the custody agreement, and have sound fund custody, audit monitoring, and risk control systems.
Be able to provide principal-guaranteed fund management solutions for idle intermittent funds in the fund custody accounts.
Have no major negligence or adverse records of penalties from administrative authorities or judicial organs in fund custody business in the recent 3 years.
Applications in the form of consortiums will not be accepted.
Have no other behaviors prohibited by laws, regulations, or other provisions from participating in this selection.
3. Selection Procedures
The Fund manager shall issue the selection announcement and conduct the selection of the custodian bank through public procedures.
Banks with application intentions and meeting the above qualification requirements shall submit application materials to the Fund manager.
The Fund manager shall conduct qualification reviews based on the application materials submitted by participating banks, organize a partners' meeting, and propose the selected custodian bank.
After the selection results are determined, the Fund manager shall notify the selected bank.
Sign relevant agreements.
4. Application Methods
Please carry out the application for the fund custodian bank in accordance with the requirements of this announcement, and prepare detailed application materials as required in the attachments.
Participating banks shall be responsible for the authenticity of the materials provided, and shall commit to the effective implementation of the provided service plan and other key elements. If a submitting bank is found to have provided false materials, data, or certification documents, its qualification for this selection will be revoked.
Submission Requirements:
Deadline for submitting application letters: 4:00 PM (Beijing Time) on November 28, 2025. Late submissions will not be accepted.
Deadline for submitting application materials: 4:00 PM (Beijing Time) on December 5, 2025. Late submissions will not be accepted.
Submission Methods:
Application Letter: Submit paper copies on-site or by mail to: 12th Floor, Block E, Aoti Mingzuo, No. 130 Aoti Street, Jianye District, Nanjing. Contact: Zhang Yijia, Tel: +86 15305199188.
Application Materials: Send electronic copies to the email: zhangyj@ennovationvc.com. The email subject must be uniformly titled as "[Custodian Bank Selection Application] - Full Name of XX Bank". Submit one paper copy of the application materials by mail or in-person to the same address as above. Contact: Zhang Yijia, Tel: +86 15305199188.
Nanjing Enran Ruiguang Investment Management Center (Limited Partnership)
November 21, 2025
Source: Enran Venture Capital
Reviewer: Xue Yao
Publisher: You Yi
