Paradise Valley Asset Management Group Ltd. initiated the establishment of 'special services Riverside Paradise Valley private equity fund' (hereinafter referred to as the 'Fund') to raise the initial work has been successfully concluded, the Zhe Jiang Yaoxin CPA Limited verification, the fund raising the total capital of 12.5 million yuan, these funds was February 28, 2019 included all fund an escrow account.
The Fund was established on February 28, 2019, the Fund existence period is calculated from that date.
The Fund Paradise Valley by the Asset Management Group Limited as manager, custodian Hangzhou Branch of China Minsheng Banking Corp., Ltd.
Special announcement.
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Paradise Valley Asset Management Group Ltd.
March 12, 2019