“TTGG-PIPE1 Asset Management Plan” (hereinafter referred to as the “Plan”), sponsored by Zhejiang Silicon Paradise Asset Management Group Co., Ltd., has successfully accomplished the fund-raising on May 25, 2016. Based on the capital verification by Zhejiang Yaoxin Certified Public Accountants Co., Ltd., the Plan has raised total capital of RMB 134.95 million Yuan. The said capital has been included into the escrow account of the Plan by May 26, 2016.
The Fund was officially established on May 26, 2016.
The term of the Fund also started that day.
Zhejiang Silicon Paradise Asset Management Group Co., Ltd. is appointed as the asset manager of the Fund and China Construction Bank (Zhejiang branch) as the custodian.
Zhejiang Silicon Paradise Asset Management Group Co., Ltd.
May 26, 2016