PR99933

SHENYANG, China, April 13, 2023 /Xinhua=KYODO JBN/--

The first Shenyang Global PE Forum (SGPEF) kicked off in Hunnan district,

Shenyang city on April 8, 2023. As the top summit of Chinese private equity

funds and the financial forum of the China International Fair for Trade in

Services, the forum has been held with success in Beijing for 13 times. This

was the first time that the forum took place outside of Beijing and was held

with a success in Shenyang.

Yan Zhanfeng, Secretary of the CPC Hunnan district committee, made an

introduction to the Hunnan Technology City (HTC). In the past more than a year,

as many as 563 conventional financial institutions, including banks, insurance

companies, securities traders and futures emerged; 35 PE firms, including

Cybernaut, Dehong Investment, and Shengjing PE converged on the Shengjing Fund

Town and grossed nearly RMB20 billion with 150 financial products; the HTC has

12 listed companies as well as 18 New OTC Market-listed companies... And the

Shenyang Development and Reform Commission unveiled Shenyang's 2017-2022 PE

index at the forum, according to the Publicity Department of the CPC Hunnan

District Committee.

Besides, institutional investors, including CMG-SDIC Capital, Hope Group, and

China Galaxy Securities signed strategic partnership agreements with the

Shenyang municipal government. ZhenFund, Gainful Investment and other

institutional investors signed strategic partnership agreements with the Hunnan

district government. And Chongqing Yingke Investment entered into 20 agreements

with HTC on prime investment and projects .  

Themed "Finance, Technology and Ecology", the 2-day forum, proceeding both

online and offline, invited 20 local and non-local distinguished guests, over

100 PE institutional investors, and more than 30 media organizations. Over 500

delegates from related areas of Shenyang city, departments directly controlled

by Shenyang municipal government, colleges, research institutes as well as

high-tech firms, attended the forum.

Source: The Publicity Department of the CPC Hunnan District Committee