The fund raising for “TTGG-PIPE2 PE Fund” (hereinafter referred to as “the Fund”) initiated by Zhejiang Silicon Paradise Asset Management Group Co, Ltd. was finished successfully on Oct. 12, 2016. According to the capital verification done by Zhejiang Yaoxin Certified Public Accountants Co., Ltd., the total capital raised for the Fund is RMB 129.05 million Yuan. The above capital has been transferred to the Fund’s escrow account on Oct. 12, 2016.
The Fund was officially set up on Oct. 12, 2016. The term of the Fund also started that day.
The Fund has Zhejiang Silicon Paradise Asset Management Group Co., Ltd. as its Asset Manager. The custodian is China Merchants Securities Co., Ltd.
Zhejiang Silicon Paradise Asset Management Group Co, Ltd.
Oct. 12, 2016