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Recently, Suzhou Oriza Zhongshan Private Equity Fund Management Co., Ltd. was successfully registered as a Qualified Domestic Limited Partner (QDLP) fund manager.
Oriza Zhongshan, a joint venture between Oriza Holdings and Zhongshan Financial Holding Co., Ltd, was approved as the first QDLP outbound investment pilot in Jiangsu Province with a quota of USD 200 million in December 2021, making it the first QDLP pilot enterprise in Jiangsu Province. Since the approval, Jiangsu Local Financial Supervision Bureau has been actively working with multiple departments to accelerate the pilot work, providing guidance and assistance to Yuanhe Zhongshan in matters such as the registration of the manager of China Securities Investment Fund Association and the filing of Yuanhe Zhongshan Overseas Innovation Phase I (QDLP) Fund. Qualified Domestic Limited Partner (QDLP) outbound investment pilot refers to the approved pilot fund management enterprise, which raises funds for qualified domestic limited partners and establishes pilot funds in China, and then uses its own funds to make overseas investments, which is of great significance in promoting foreign financial opening and exploring cross-border asset allocation.