【#Beijing Economic-Technological Development Area Talent Venture Investment Fund Registered and Established# Capital Contribution of 201 Million Yuan】

According to US Stock Research Society, Tianyancha App shows that recently, Beijing Economic-Technological Development Area Talent Venture Investment Fund (Limited Partnership) was established, with Beijing E-Town International Industrial Investment Management Co., Ltd. as the executive partner, a capital contribution of 201 million yuan, and business scope including venture investment, equity investment, investment management, and asset management activities through private funds. Partner information shows that the fund is jointly funded by Beijing Economic-Technological Development Area Government Investment Guidance Fund (Limited Partnership) and Beijing E-Town International Industrial Investment Management Co., Ltd.

According to the announcement by the Beijing Economic-Technological Development Area Management Committee, the fund focuses on seed-stage and early-stage entrepreneurial talents. The maximum investment amount for a single project is up to 5 million yuan, with an initial duration of 8 years, including a 3-year investment period and a 5-year exit period.