According to the Enterprise Research App, recently, the Shanghai Tunnel Innovation Private Equity Fund partnership was established with an investment amount of 500 million yuan. The business scope includes activities such as equity investment, investment management, and asset management using private equity funds. According to enterprise research and equity penetration, the partnership is jointly owned by Hangzhou Xiaoshan Environmental Investment and Development Co., Ltd., Xuzhou Xugong Industrial Investment Partnership under Xugong Machinery, and Shanghai Urban Construction Design and Research Institute Co., Ltd., a wholly-owned subsidiary of Tunnel Co., Ltd.

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