Gaopeng Law Firm was hired to provide legal services for the Haidian District Venture Capital Guidance Fund

2007 10/18

Haidian District Venture Capital Guidance Fund is a government special fund used by the Haidian District Government to support the development of regional venture capital,and is the first local government venture capital guidance fund in China.Its main purpose is to guide and support domestic and foreign venture capital enterprises to increase investment in high-tech small and medium-sized enterprises in Haidian District,especially those in the start-up and growth stages.The district government plans to allocate no less than 70 million yuan of special financial funds annually,increasing investment year by year over a five-year period,and initially reaching a scale of 500 million yuan for the guidance fund upon expiration.Haidian District Venture Capital Guidance Fund is a policy based fund that does not aim to make profits.It achieves the amplification effect of the guidance fund through equity participation,establishment,and development of venture enterprises.Entrusted by the Haidian District Government,Beijing Zhonghai Investment Management Co.,Ltd.serves as the management agency of the guiding fund.In order to meet the company's legal needs for internal and external business,after multiple screening,Gaopeng Law Firm was hired as the company's perennial legal adviser,and Xie Xia was specifically responsible.Lawyer Gao Peng not only provides legal support for the smooth development of the company's daily business,but also provides legal protection for the operation of the Haidian District Venture Capital Guidance Fund.


(This article is translated by software translator for reference only.)