The fund raising for “TTGG-PIPE5 PE Fund” (hereinafter referred to as “the Fund”) initiated by Zhejiang Silicon Paradise Asset Management Group Co, Ltd. has been finished successfully. According to the capital verification done by Zhejiang Yaoxin Certified Public Accountants Co., Ltd., the total capital raised for the Fund is RMB 73.1 million Yuan. The above capital has been transferred to the Fund’s escrow account on Sept. 12, 2016. The Fund was officially set up on Sept. 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.
Sept. 13, 2016