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As the formal generation of a joint investment platform for private enterprises of Hebei Province, Zhongji Investment Co., Ltd. was launched and operated formally in Shijiazhuang On September 26, 2016.

Zhongji Investment is initiated by 9 shareholder units, such as RiseSun Real Estate Development Co., Ltd., YangyuanZhihui Beverage and ENN Group with its registered capital of RMB 10 billion yuan. Board Chairman of Risesun Development GengJianming serves as Board Chairman of Zhongji Investment, and FengQuanyu serves as General Manager of Zhongji Investment.

The establishment of Zhongji Investment was an important decision made by the Provincial Party Committee and Government of Hebei Province China for booming the private investment and promoting the economic transformation and upgrading. The establishment of Zhongji Investment provides a large platform for private capital investment operation of China Hebei.

Strongly supported by China Hebei Provincial Government the development of Zhongji Investment, Zhongji Investment is an industrial investment and financial holding platform for provincial private enterprises launched by a joint investment of RMB 10 billion yuan from 9 well-known enterprises of Hebei Province under the direct care of the Provincial Party Committee and Provincial Government of Hebei Province and Hebei Province Federation of Industry and Commerce to deeply implement the spirit of the ‘13th Five-Year Plan’ outline planning of Hebei Province and implement the economic strategy layout of Hebei Province. Zhongji Investment is prepared to be established and written in the ‘13th Five-Year Plan’outline of Hebei Province under the background of substantial slowdown of the national private investment increase. The establishment of Zhongji Investment is a great event in promoting the development of private enterprise and implementing the private capital to take part in the social investment, which fully embodies the precautious broad vision of Provincial Party committee and Provincial Government and the bridge function of Provincial Federation of Industry and Commerce in serving private enterprise and promoting the development of private enterprise. Launching of Zhongji Investment will certainly change the current situation in which the private enterprise developed independently in Hebei and open a new chapter in which private enterprises in Hebei will use capital as linkage, aggregate strength and jointly develop. Formal operation of Zhongji Investment will probe out a new mode of organizing new platforms and developing new areas in the transformation and upgrading of the private enterprises and the supply-side reform in Hebei and even the whole country. The future development of Zhongji Investment will certainly promote the initiatives of making private capital investment in Hebei and contribute to the reversion of the situation of sharp decline in the private investment growth. As a joint development platform for Hebei businessmen, Zhongji Investment takes ‘integrating Hebei businessmen recourses, setting up investment platforms, realizing integration of industry and finance, promoting industry upgrading, serving the national strategy and helping Hebei development’ as its operation tenet.

Zhongji Investment build a batch of specialized platforms such as fund management company, wealth management company and commercial factoring company, focus on three fields including energy saving and environmental protection, consumption entertainment and medical health, and establish a specialized investment operation company.