China Zhongji Investment's stake in Zhongtai Equipment marks a comprehensive layout in Liaoning, leveraging government-guided funds.
Recently, the Liaoning Zhongji New Materials Venture Capital Fund (referred to as "Liaoning Zhongji Fund"), jointly established by China Zhongji Investment and Liaoning Province and Shenyang City, completed an equity investment in Shenyang Zhongtai Equipment Manufacturing Co., Ltd. (referred to as "Zhongtai Equipment"), officially starting China Zhongji Investment's investment layout in Liaoning Province. At the same time, China Zhongji Investment reached a "combined investment and loan" cooperation intention with the Liaoning Provincial Branch of the Construction Bank, and will work together to empower invested enterprises.
China Zhongji Investment is a large investment institution with a strong industrial background. Its Liaoning Zhongji Fund, as a government-guided industrial fund, mainly supports Liaoning Province's new materials and related industries. The fund mainly focuses on high-quality targets in the early and early-middle stages with investment value, providing capital and empowerment opportunities to help the local industrial development.
The invested project "Zhongtai Equipment" is a local enterprise in Shenyang City, Liaoning Province, established in September 2016. The core development team of the project has been conducting research on titanium alloy materials since 2002 and possesses the only complete industrial chain production system for titanium and titanium alloy components in China. It focuses on high-end manufacturing fields such as national defense industry, rail transit, and civilian industry, and is a leading domestic provider of titanium and titanium alloy special materials, components, and lightweight overall solutions.
Wu Fushun, Managing Director of China Zhongji Investment and member of the Investment Committee of Liaoning Zhongji Fund, introduced that in addition to Zhongtai Equipment, we have investigated many excellent enterprises in the new materials and advanced manufacturing fields in Liaoning Province. During the investigation, we felt the active atmosphere of financial investment in Liaoning Province and the high attention paid by the Provincial Party Committee and Provincial Government to the development of the real economy. During the epidemic, Zhang Lilin, Vice Governor of Liaoning Province, personally visited and investigated many enterprises to guide their work and help them solve problems in production and operation, and financial financing, boosting their confidence in development. After inspecting Zhongtai Equipment, Vice Governor Zhang Lilin also personally called China Zhongji Investment to recommend some high-quality projects in the province and answer our investment questions and concerns. This strengthened our determination to increase investment in Liaoning and expand our layout.
Wen Yuanhua, President of China Zhongji Investment and director of the Investment Committee of Liaoning Zhongji Fund, said that in recent years, the business environment in Northeast China has changed significantly, especially in Liaoning Province, where many emerging industrial clusters are emerging, and regional economic vitality is gradually being released. Liaoning itself has a good talent and cultural foundation. With the optimization of the market environment, policy environment, and legal environment, the vitality and creativity of private enterprises will be gradually stimulated. Under this development opportunity, China Zhongji Investment will also accelerate the layout of multi-field industrial funds in Liaoning. The revitalization of Liaoning cannot be separated from financial participation and support. We believe that a new era of comprehensive revitalization of Liaoning will surely come, and we are also confident in playing the role of China Zhongji Investment in this value洼地, helping more local enterprises develop healthily and rapidly.
In the process of the Zhongtai Equipment project landing, China Zhongji Investment is also continuously promoting the progress of the "combined investment and loan" of the Liaoning Zhongji Fund. After many contacts and in-depth exchanges, the Liaoning Provincial Branch of the Construction Bank recognized China Zhongji Investment's investment philosophy and professional capabilities, and China Zhongji Investment is also optimistic about the advantages of the Liaoning Provincial Branch of the Construction Bank in customer resources and funds. The two sides reached a cooperation intention, agreeing to join forces in project recommendations, post-investment empowerment, and other fields, sharing information and complementing resources to provide more comprehensive financial support for excellent enterprises in Liaoning Province and jointly promote the high-quality development of key industries in Liaoning Province.
