Joinn Labs fund registration complete for service trade investment

Beijing Joinn Laboratories (Joinn Labs) announced that the Service Trade Innovation and Development Guidance Fund Phase II (Limited Partnership), in which it is a partner, has completed its private investment fund registration with the Asset Management Association of China. The fund received its Private Investment Fund Registration Certificate on September 21, 2025, with registration code SBGB42.

Joinn Labs' wholly-owned subsidiary, Beijing Joinn Management Technology Co., Ltd., previously signed the partnership agreement with China Merchants Capital Management (Beijing) Co., Ltd. and other partners in June 2025. China Merchants Capital Management (Beijing) Co., Ltd. serves as the general partner, executive managing partner, and fund manager. China Merchants Bank Co., Ltd. is the custodian.

The initial resolution to invest up to yuan 100 million in the fund was approved by Joinn Labs' board of directors in October 2024. This fund aims to leverage professional investment institutions to support innovative development in service trade.