Poly and Country Garden Jointly Hand in Hand with Upstream Real Estate Supply Chain

Poly Capital and Country Garden Venture Capital officially announced last year the establishment of a real estate industry chain empowerment fund with a scale of 5 billion yuan and an initial phase of 1 billion yuan. The fund will be funded by Poly Capital and Country Garden Venture Capital as cornerstone investors. The fund will continue to empower high-quality enterprises in the upstream and downstream of the real estate industry, assist in the development of the real economy, and is expected to become a breakthrough in the second half of the real estate industry.

Leading companies in various industries such as Dongfang Yuhong, Oupu Lighting, Kangli Elevator, Piano, Dinggu Home, and Huida Bathroom have previously confirmed their participation as cornerstone investors. Now, as a * * * * enterprise in the domestic paint industry, Yashi Chuang Neng has officially joined and become a shareholder of Zhuhai Baozi Bitou Enterprise Management Partnership (Limited Partnership).

On May 27th of this year, domestic paint industry * * * enterprise Yashi Chuanneng Technology (Shanghai) Co., Ltd. participated in the subscription of shares of Zhuhai Baozi Bitou Enterprise Management Partnership (Limited Partnership) (hereinafter referred to as "Baozi Bitou" or SPV). At the same time, companies such as Huida Bathroom Co., Ltd. and Chengdu Baobideo Enterprise Management Partnership (Limited Partnership) also participated in subscribing for SPV shares.

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