Jiangsu Jinqiao Private Equity Fund Management Co., Ltd. (hereinafter referred to as "Jinqiao fund") was established in September 2021 with a registered capital of 10 million yuan. It is a market-oriented private equity fund management organization established by Lianyungang Industrial Investment Group to optimize and integrate the equity investment sector. It is entrusted to manage a number of investment platforms such as wealth venture capital and industrial investment.

The equity investment business of Jinqiao fund originates from Runcai venture capital, a venture capital enterprise under the former Lianyungang Finance Bureau. Runcai venture capital was established in October 2010 and is the investment subject of Lianyungang "venture capital guidance fund".

In order to improve the operation level of fund investment management, Lianyungang Industrial Investment Group Asset Management Co., Ltd. has carried out in-depth cooperation with Shanghai Dingfeng equity investment management center (limited partnership), and jointly established a mixed ownership Jinqiao fund management company in accordance with the principle of "marketization and specialization". The labor relations of the original fund business personnel of the municipal industrial investment group were transferred to Jinqiao fund.

Lianyungang Industrial Investment Group Asset Management Co., Ltd., one of the shareholders of Jinqiao fund, was established in October 2015. It is a wholly-owned subsidiary of Lianyungang Industrial Investment Group. Lianyungang Industrial Investment Group is a large state-owned enterprise group in Lianyungang. It is endowed with four major functions by Lianyungang Municipal Party committee and government, such as "guiding high-tech industries, promoting industrial transformation, serving enterprise development and major project investment", It is an important starting point for Lianyungang Municipal Party committee and Lianyungang Municipal government to implement the strategy of "strengthening the city through industry and revitalizing the city through industry". Shanghai Dingfeng equity investment management center (limited partnership), one of the shareholders of Jinqiao fund, was established in March 2012. Dingfeng equity covers equity investment, fixed growth investment, M & A investment and other directions, and cooperates with the government guided fund to explore the road of industrial investment. In 2016, Dingfeng cooperated with Hubei Yangtze River economic belt industry guidance fund (hereinafter referred to as "Yangtze River industry fund") to establish Dingfeng Changjiang master fund, with a total scale of RMB 2 billion. Its related party Dingfeng assets is one of the earliest sunshine private equity fund companies in China, and has been selected into the white list of the head offices of more than 10 large banks in China. The cumulative asset management scale of the company exceeds 10 billion (Level 2), Won a total of 12 Taurus awards. Lianyungang Yunhe enterprise management partnership (limited partnership), one of the shareholders of Jinqiao fund, was established in September 2021. Yunhe management is the employee stock ownership platform of Jinqiao fund.