Central China Securities subsidiary to launch new private equity fund
Central China Securities Co., Ltd. announced that its wholly-owned subsidiary, Zhongding Kaiyuan Venture Capital Management Co., Ltd., plans to invest up to 50 million yuan in a new private equity fund, Henan Hongding Equity Investment Partnership (Limited Partnership). The fund, with a target size not exceeding 125 million yuan, will be jointly established with Henan Asset Fund Management Co., Ltd. and Henan Asset Management Co., Ltd.
The fund's primary investment focus will be on debt-to-equity funds registered with the Asset Management Association of China. Zhongding Kaiyuan will serve as the general partner and fund manager, contributing 40% of the capital. Henan Asset Management Co., Ltd. will contribute 57.6%, and Henan Asset Fund Management Co., Ltd. will contribute 2.4%. This transaction constitutes a related party transaction for Central China Securities.
The board of directors approved the establishment of the fund on September 8, 2025. This initiative aims to increase the scale of the company’s private equity fund management business and strengthen its operational capabilities, utilizing Zhongding Kaiyuan’s own funds without significantly impacting the company’s financial or operational status.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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