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China Reform/ China Mobile/ Others Establish CN Central SOE 'Zhanxin Industry Development Private Equity Fund Firm': Wire
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A Chinese central SOE, Zhanxin Industry Development Private Equity Fund Management Co., Ltd. (literal translation of "戰新產業發展私募基金管理有限公司"), was recently established, with a registered capital of RMB100 million, Chinese media quoted information from Qichacha as saying.

Its business scope includes private equity investment fund management and venture capital fund management services.

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The Company is jointly held by China Reform Holdings' wholly-owned subsidiary, China Reform Fund Management, China Mobile Communications Group's wholly-owned subsidiary, China Mobile Capital Holding, and Sinopec Group Capital, etc., according to its equity structure chart.
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