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BABC and Tsing Ventures to build China's first company's new product -based productivity parent fund

Date:2024-09-20

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    On September 15, 2024, at the Eleventh China International Service Trade Fair 2024 International Financial Innovation and Cooperation Forum, Tsing Ventures and BABC's 2 billion yuan market -oriented parent fund successfully held a signing ceremony. Tsing Ventures Partner Ma Xiaoxu and BABC President Wang Xiaokai successfully signed the contract as a representative of both parties. Shi Yaohua, Executive Deputy Director of the Financial Innovation Service Professional Committee of the Ministry of Commerce China Foreign Economic and Trade Accounting Association, Tang Jincao, chairman of Tsing Ventures, President of the Mother Fund Branch of the China International Science and Technology Promotion Association, and the founder of the Mother Fund Research Center, witnessed the signing of the contract.

    As the world technology has entered a new era of rapid development and a new stage of China's economic development, it is also calling for new productivity. New productive investment will meet the general trend of social development and create value for China's economic development. Tsing Ventures and BABC (BAB International Group Limited), which builds the first company in China, has a total scale of 2 billion yuan, and is carried out by Tsing Ventures, fully realize a strong union, strive to become the leader of China's new productive investment.

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