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ICBC Investment and others have established an equity investment fund in Tianjin with a funded amount of 1 billion yuan.
Tianyancha business registration information shows that recently, Tianjin Gongrong Economic Development Equity Investment Partnership (Limited Partnership) was established. The managing partner is ICBC Capital Management Co., Ltd., with a capital contribution of 1 billion RMB. Its business scope includes private equity fund activities such as equity investment, investment management, and asset management. Partner information indicates that the fund is jointly funded by ICBC Financial Asset Investment Co., Ltd., ICBC Capital Management Co., Ltd., Tianjin TEDA Industrial Investment Guidance Fund Co., Ltd., and Tianjin Economic Development Industrial Investment Management Co., Ltd.