On the afternoon of January 12, the Zhejiang Merchants Association's equity investment and M&A committee inaugural meeting was held in Hangzhou. The committee's expert guidance committee member, China Investment Co., Ltd. vice chairman and general manager Tu Guangshao, Zhejiang Provincial Local Financial Supervision Bureau deputy director Yuan Junpei and More than 100 guests from all walks of life including government departments, investment institutions, intermediary service agencies, brokerage firms, accounting firms and law firms attended the conference. TTGG was one of the sponsors of the committee. He Xiangdong, the chairman of our company, attended the meeting as the executive chairman of the first committee.

The committee came into being under the background of complicated economic situation at home and abroad, covering investment institutions, intermediary service agencies, equity investment and M&A related enterprises, etc., with strong professionalism and industry. In 2019, the downward pressure on the macro economy has increased, and both industry and finance are facing challenges. The era of comprehensive restoration of policies and the head of financial institutions is coming. The committee will be from the Phoenix Action Plan, the bailout fund, the docking science and technology board, and the Shuanghu Forum. Focus on the work in other areas.

At the meeting, the General Assembly issued certificates for the members of the first committee of the committee, members of the expert steering committee, vice-chairmen and members. Subsequently, the members of the Bureau of the Committee and the representatives of the members of the Expert Steering Committee jointly pressed the fingerprints and the Witness Committee was established.

In the future, TTGG, as one of the initiators, will jointly explore the establishment of a member cooperation fund with other member units to carry out equity investment and M&A investment services in a closer, deeper and planned manner.