Fuzhou State-Owned Assets Group and Nanjing Innovation Investment Group Successfully Signed an Agreement for Fuzhou's First S Fund
In the afternoon of November 20, the Fujian Provincial Capital and Industry Matchmaking Conference was successfully held in Beijing. Relevant leaders from Fujian Province and Fuzhou City attended the conference. With the theme of "Gathering Financial Capital to Empower the Real Economy", the conference aims to give play to the key role of financial capital in serving the real economy, help extend, supplement and strengthen the industrial chain, and promote in-depth cooperation and mutually beneficial win-win results among the government, capital and enterprises.
At the event site, a signing ceremony for the Capital and Industry Matchmaking Conference was held. The signed projects included the Fuzhou Rongtou Xuxinneng S Fund jointly initiated by Fuzhou State-Owned Assets Group and Nanjing Innovation Investment Group. Qin Fan, Chairman of Fuzhou State-Owned Assets Group, and Wan Shun, General Manager of Nanjing Innovation Investment Group, represented the two enterprises to sign the agreement on stage.

As Fuzhou's first S Fund (Secondary Fund), Fuzhou Rongtou Xuxinneng S Fund will focus on transaction opportunities of existing private equity investment fund shares, target high-quality equity assets for investment, effectively unblock the blockages in private equity share transactions, and continue to support the growth of enterprises. It is a positive exploration and practice for Fuzhou State-Owned Assets Group to exert the advantages of patient capital.

In the next step, Fuzhou State-Owned Assets Group will give full play to the advantages of "two types of companies", take fund investment promotion as an important starting point, connect capital and industrial resources across the country, attract investment and enterprises to Fuzhou. By continuously deepening the "integration of four chains" (capital chain, industrial chain, innovation chain and talent chain), it will help build the "fund matrix" of Fuzhou's state-owned assets and state-owned enterprises, realize the mutual progress and win-win situation of industrial development and investment returns, and contribute to the sustained and healthy development of Fuzhou's capital and industries.
Source: Fuzhou State-Owned Assets Group
Reviewer: Xue Yao
Publisher: You Yi