Dear Investor:
Hello! You invest in 'Paradise Silicon Valley private equity fund environmental protection industry' (hereinafter referred to as the 'Fund') is about to be postponed, Division I, as the manager of the Fund, related matters now announced as follows:
Fund set up and the basic situation
The Fund in April 5, 2017 was established, the total funds raised to 275.8 million yuan, the existence of the term of not more than 2 years. The Fund fully subscribed through the share Changsheng Fund Paradise Valley No. 1 asset management plan, and thus indirect investment in China Everbright Ltd. shares green. The Fund may invest idle funds to buy money market funds, bank deposits, financial products and fixed income products like the way money management, and other investment products approved by China Securities Regulatory Commission in risk consistent product.
The Fund contract relating to extension
'Paradise Valley Environmental Protection Industry Private Investment Fund contract' chapter paragraph 5, of the Fund for the period of existence and extension matters described below:
'Fund period of existence: the fund since its inception two years from the date of the establishment of the fund is calculated if the expected expiration of the period of existence, the Fund's assets is not fully realized, then the manager is entitled to an extension of not more than three months. and the need to inform the principal assets of deferred matters. '
In principle, the fund will expire on April 5, 2019. But is expected expiration period of existence, the Fund's assets can not be fully realized.
Therefore, in accordance with the relevant provisions of the Extension of the fund contract, the Division I, as the manager decided: Paradise Valley postpone the existence period of the environmental protection industry of private investment funds to Japanese property fund fully realized, the deadline extension in principle more than three months.
Special announcement.
If you need assistance, please call 400-826-0806.
Manager: Paradise Valley Asset Management Group Ltd.
March 21, 2019