On December 7, 2022, Ihang Capital and Xingtai Economic Development Zone jointly signed the Framework Cooperation Agreement of Industry Guidance Fund online. This time, the two sides jointly set up an industry guidance fund, with a total fund size of 500 million RMB. After the establishment of the industry guidance fund, it will actively play the role of industry guidance, invest in the industry sub-funds and high-quality projects in Xingtai Economic Development Zone in the direction of new energy, new materials, biomedicine, high-end equipment manufacturing and other strategic emerging industries, and actively play the role of guiding the industry guidance fund, and it is expected that it will lead to a total investment of no less than 2 billion RMB. It is expected to drive a total investment of no less than 2 billion yuan into Xingtai Economic Development Zone, and help Xingtai form a complete industrial chain through the point-to-point effect.
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