HGTECH and others establish a new venture capital fund partnership in Wuhan

According to the Qichacha APP, recently, Wuhan HGTECH Ruiyuan No. 2 Venture Capital Fund Partnership was established with a capital contribution of 350 million yuan. The business scope includes venture capital; engaging in equity investment, investment management, asset management, and other activities through private equity funds. Qichacha's equity penetration shows that the company is jointly funded by Wuhan HGTECH Investment Management Co., Ltd., a wholly-owned subsidiary of HGTECH, among others