According to reports, back in October 2020, the provincial financial supervision bureau, together with the provincial market supervision bureau, central The Haikou Branch of the People's Bank of China and the Hainan Securities Regulatory Bureau jointly issued Hainan Provincial Interim Measures to Promote Domestic Equity Investment by Qualified Foreign Limited Partners (QFLPs) (hereinafter referred to as Interim Measures).
The Sanya Yazhou Bay Science and Technology City Administration actively implements the spirit of the QFLP document and leads external conversation. so HKUST Tiangong Equity Investment Management Co., Ltd. (a foreign company, not a sole proprietor) obtained a business license and officially settled in Yazhou Bay Science and Technology City.
The team of HKUST Tiangong Equity Investment Management Co., Ltd. consists of a team that has experience in transforming the technological achievements of domestic and foreign universities, has international experience in cooperation and management, and also has excellent market investment and fund management capabilities. The focus is on materials, intelligent equipment, technological innovation and industrial investment in advanced manufacturing and other strategic emerging industries, and engaging in Tier 1 and Tier 2 direct investment in China's capital market. In the future, the company will establish a QFLP fund, in which the main investors will be a Philippine company and a consortium of a Philippine company and a consortium, whose shares are listed on the Hong Kong Stock Exchange, as well as investors from the Middle East with an investment volume of USD 30 million.
QFLP (Qualified Foreign Limited Liability Partner) is a qualified Foreign Limited Liability Partner responsibility. Foreign companies participate in the creation of enterprises with foreign equity investments, raise funds from domestic and foreign investors on a non-public basis, and participate in equity investments in domestic companies that are not listed on the stock exchange.
The first QFLP fund in Hainan Free Trade Port - BOCOM International Kechuang Shengxing QFLP Equity Investment Fund was jointly established by BOCOM International Holdings Co., Ltd. and BOCOM International Equity Investment Management (Shenzhen) Co., Ltd., focusing on next generation information technology, including financial technology, high-tech equipment, etc., focuses on supporting the development of relevant domestic high-tech enterprises.
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