GAC Group takes the lead in establishing a 10 billion automobile industry investment fund
GAC Group
Inter
invest
Internet
chip
China
Bank of China
import
joint
Equity
Guangzhou
dust
sign
rate
Internet of Vehicles
2023
scale
industry
project
2024-12-24 14:27
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On December 13, 2023, GAC Group, Bank of China and Guangzhou Industrial Investment held a strategic cooperation signing ceremony and jointly initiated the establishment of Guangzhou Xinqi Zhilian Equity Investment Fund. The total scale of the fund is 30 billion yuan, with an initial scale of 10 billion yuan, mainly used to invest in important projects upstream and downstream of the intelligent networked new energy vehicle industry chain, such as new energy batteries, energy ecology, Internet of Vehicles, intelligent driving, automotive chips, and smart cities.
