The recruitment of “TTGG Yunting Technology Equity Private Equity Investment Fund” (hereinafter referred to as “the Fund”) initiated by Zhejiang TTGG Asset Management Group Co., Ltd. has been successfully completed. Upon verification by Zhejiang Yaoxin Certified Public Accountants Co., Ltd., the Fund received an initial effective subscription fund of RMB 12 million (capital: RMB 10,000 yuan) during the collection period, which was included on June 20, 2018. The Fund's escrow account, the Fund was formally established on June 20, 2018.
The Fund opened its subscription within 3 months from the date of its establishment and received a valid subscription fund of RMB 31.8 million (capital: RMB 10,000 yuan). As of August 7, 2018, the Fund has received a total of RMB 43.8 million (capital: RMB 10,000 yuan).
The fund is owned by Zhejiang TTGG Asset Management Group Co., Ltd. as the asset manager and the custodian is China Minsheng Banking Co., Ltd.