We are pleased to announce that on 8 December 2023, China Merchants Securities International Company Limited (“CMSI”), Surrich International Company Limited (“Surrich International”), a HK subsidiary wholly owned by Wuxi Guolian Development (Group) Co., Ltd and Guolian Securities (H.K.) Co., Limited (“Guolian Securities International”)have officially established Guolian CMS Tech Fund I LPF (the “Fund”). 

The target size of the Fund is US$100 million. The Fund will primarily invest in private equity investment opportunities in strategic emerging industries such as advanced manufacturing, semiconductor, artificial intelligence, biotechnology andnew energy investment, etc., which are mainly located in Lake Taihu basin in Yangtze River Delta and the Guangdong–Hong Kong–Macao Greater Bay Area. 

CMSI, Guolian Securities International and Surrich International will join hands to build the Fund into a specialized and market-oriented investment platform led by the national science and technology strategic development, by leveraging  respective advantages in capital markets and industries, as well as  integrating high-quality resources from the Guangdong–Hong Kong–Macao  Greater Bay Area and the Yangtze River Delta. The Fund will establish an ecosystem of industry, finance, talents and regional development, which enhances the capital market of Hong Kong and promotes the industrial transformation and technological upgrading of Hong Kong and the Mainland China.