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Beijing launches equity investment fund on energy, manufacturing

0 Comment(s)Print E-mail China.org.cn, November 5, 2024
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A government-led equity investment fund focusing on advanced energy and manufacturing has recently completed the business registration process. 

With a total scale of 1 billion yuan (US$141 million), the fund is jointly established and operated by Beijing Future Science City Development Group Co., Ltd., Guosen Securities, and GUOSEN H&S. It aims to leverage public capital to attract high-quality industrial resources and investment, helping to accelerate development in Changping district.

With focuses on energy internet, hydrogen energy, energy storage, wind and solar power, clean and efficient use of fossil energy, and carbon sequestration, the fund aims to create a comprehensive financial ecosystem supporting the entire energy innovation chain.

In recent years, Beijing Future Science City Development Group Co. Ltd. has actively expanded and improved its financial services. It now offers a multi-layered financial support system, including government-guided funds, market-driven funds, equity investment, and debt financing, with the goal of fostering technology-driven growth in Beijing.

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