​Jinpu launches joint ventures with CASH Capital

[Photo by Piao Feng to chinadaily.com.cn]

Jinpu New Area, in collaboration with Beijing-based CASH Capital, recently announced the launch of two new entities in Dalian - the Guokejiahe Dalian Digital Valley Science and Technology Innovation Base and Guokeguangtai (Dalian) Private Equity Fund Management Co Ltd.

The joint ventures between Jinpu and CASH Capital aim to establish a professional hard-tech investment fund management company that serves Dalian, the Northeast area of China and elsewhere. The focus of the company will be on the development of strategic emerging industries and the transformation of technological achievements.

CASH Capital, founded in 2011, is an equity investment fund manager initiated by Chinese Academy of Sciences Holding Co Ltd (Guoke holding) and jointly established by several large domestic enterprise groups. It is a first-class enterprise directly managed by Guoke holding.