YIWU CCC(SH:600415) Shang Hai Zheng Quan Bao·2025-06-09 20:24Investment Overview - Zhejiang China Commodity City Group Co., Ltd. has approved a capital contribution of 300 million RMB to participate as a limited partner in the establishment of the second phase of the Service Trade Innovation Development Guidance Fund [2][3] Partnership Agreement Details - The partnership aims to enhance the development of innovative service trade mechanisms and digital trade, leveraging fiscal funds to attract social capital for supporting service trade innovation [3] - The partnership has a maximum duration of 15 years, starting from the date of registration [4][15] - All partners will contribute in cash, with contributions made in installments as per the investment needs outlined by the general partner [5] - The general partner, China Merchants Capital Management (Beijing) Co., Ltd., will manage the partnership and execute partnership affairs [6] Investment Objectives and Strategies - The fund's investment targets include increasing capital or establishing investments in private equity funds related to service trade and digital trade, as well as direct investments in relevant enterprises [8] - Investments will be made through equity or equity-related debt instruments [9] Financial Management and Distribution - The partnership will distribute profits and losses based on the actual contributions of each partner, excluding management fees [10] - An investment decision-making committee will be established to oversee investment and exit decisions [11] Fund Basic Information - The fund is named the Service Trade Innovation Development Guidance Fund Phase II (Limited Partnership) and will operate in Hangzhou [14] - The fund will engage in private equity investments, investment management, asset management, and investment consulting activities [14]