With the development of the state-initiated equity investment fund and the development of equity investment fund policies in Shanghai, Shenzhen and Tianjin, supporting the supply side reform in response to the central and local agreement on the financing of innovative financial products to meet the needs of the financial supply and the real economy , Weigao Holding Company Limited initiated the establishment of Weigao Healthcare Industry Fund, based on the existing industry to develop the financial industry, in order to achieve Weigao’s financial integration, promote regional and local development.
Weigao Healthcare Industry Fund is jointly sponsored by Weigao Holding Company Limited and Shandong State-owned Assets Investment Holdings Co., Ltd. Both parties have finalized their respective capital contribution and have signed a cooperation agreement.
The purpose of Industrial funds is to cultivate high-quality healthcare industry projects to promote the transformation and upgrading of health care industry for the purpose of taking into account the healthy development of existing industries. The fund fully absorbs advanced technology and ideas, based on internal and external development, trying to build influential healthcare industrial zone in Shandong Province and nationwide.
The scale of the first phase of the Industrial Fund has been set at RMB 1.5 billion, focusing on areas such as medical devices, pharmaceuticals, medical services and aged care. Through investing in high-quality projects in the above-mentioned areas, Weigao Holding Company Limited as first brand of Chinese medical device industry which has grown in China for 30 years, the use of its industry as a leader in the market and professional post-management advantages to accelerate the development of technology and products in China; at the same time, looking for foreign channels, the domestic advantages of products Sold to the world.
At the same time, the Fund relies on Weigao's rich industry advantages and the nationwide first-line sales network, can quickly select the proposed investment projects, and keep the project investment risk as low as possible. In the case of investment has been withdrawn, under the same conditions, the Fund may give priority to inject into the Weigao or its related parties, and the withdrawal of Fund can be guaranteed.