Group 1 - KKR's first onshore RMB fund has been officially established in Shanghai's Lingang New Area, marking a significant milestone for foreign institutions accelerating their investment in RMB funds [1][2] - The fund has a current scale of approximately 400 million RMB, with a diverse lineup of limited partners including major domestic institutions and international asset management giants [2] - Lingang is emerging as a key hub for foreign institutions to engage deeply in China's capital market, leveraging its advantages in openness, systems, and policies [2] Group 2 - KKR, founded in 1976, is a leading global investment firm with an asset management scale of about 686 billion USD as of June 30, 2025 [2] - The establishment of RMB funds by foreign entities like KKR is expected to facilitate the connection between global capital and China's economic and industrial upgrade needs [2]