Snow Wright intends to jointly invest with Shenzhen Qianhai Yingfang Chuangying Capital Management Co., Ltd. to set up an industrial fund with a total scale of RMB 60 million. The fund will focus on investment opportunities in emerging industries, mainly investing in new energy and tourism culture at home and abroad. Corporate equity in related fields such as big health, large consumption, big data, cloud services, financial investment, and its surrounding derivatives. The name of the fund is tentatively set for Guangdong Snow Wright Industrial Fund Management Partnership (Limited Partnership), in which the company will subscribe for 99% of the total fund size, or RMB 59.4 million.
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