On April 3, 2024, Ihang Capital successfully established an industrial development investment fund with Shaanxi Shinzhou Industrial Development Investment Co., Ltd. under the government of Mianxian County, Hanzhong City, Shaanxi Province, with a total scale of 10.1 million yuan, the fund mainly invests in the equity of the unlisted enterprises in the fields related to the strategic emerging industries such as recycling economy, new energy, new materials, digital economy, culture, tourism and big health and other sub-funds to form a key cluster of the steel and its metal processing specialty industries, the Three Kingdoms cultural digital industry and other key clusters, empowering the high-quality development of local industries in Mianxian County, is expected to drive not less than 5 billion yuan of total investment in Mianxian County.
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