“TTGG-Jiutong No. 10 Private Investment Fund” (hereinafter referred to as the “Fund”), sponsored by Zhejiang Silicon Paradise Asset Management Group Co., Ltd., has successfully accomplished the fund-raising. Based on the capital verification by Zhejiang Yaoxin Certified Public Accountants Co., Ltd, the Fund has raised priority net share of RMB 65 million Yuan, subprime net share of RMB 15 million Yuan and inferior net share of RMB 20 million Yuan, RMB 100 million Yuan in total in the whole fund raising period.
All the said capitals have been included into the escrow account of the Fund by Oct. 24, 2016. The Fund was officially established on Oct. 24, 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 CITIC Bank (Hangzhou branch) as the custodian.
Zhejiang Silicon Paradise Asset Management Group Co., Ltd.
Oct. 24, 2016