JD Capital and Ningbo Yiren Capital Jointly Established an NEEQ Fund
On October 14, JD Capital Co., Ltd. (hereinafter referred to as JD Capital) and Ningbo Yiren Guoxin Capital Co., Ltd. (hereinafter referred to as Yiren Capital) reached a cooperation agreement on jointly building and managing an NEEQ fund based on the principle of mutual benefit by combining each other’s advantages.
Jointly managed by the two companies, the fund is temporarily named Yiren JD NEEQ Equity Investment Fund. The Fund will focus on the stake taking, stake holding and debt-for-equity swap investment of high-quality to-be-listed companies or NEEQ-listed ones.
As an investment institution of Zhejiang Province, Yiren Capital mainly engages in businesses including angel investment, venture capital, and equity investment. Since it’s founding, with the goal of promoting the growth of small and medium-sized high-tech enterprises and private firms, Yiren Capital has been expanding its investment fields, hence has realized progressive capital appreciation and maximized investment returns. Meanwhile, the company introduces strategic investors and raises funds for its investees proactively in support of their development.