According to the Tianyancha App, recently, the Hunan Jinfurong China-Africa Economic and Trade Deep Cooperation Service Fund partnership was established. The executive partner is Tefa Xingxiang Private Equity Investment Fund Management (Shenzhen) Co., Ltd., with an investment amount of 500 million yuan. The scope of business is to use private equity funds to engage in equity investment, investment management, and asset management activities. According to partner information, the fund is co-funded by Hunan Golden Hibiscus Industry Guidance Fund Partnership, Hunan Xingxiang Emerging Industry Investment Fund Partnership, Huaci Co., Ltd., Chenzhou Industrial Development and Construction Co., Ltd., and Changsha Industrial Investment Fund Partnership.

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