China Life Insurance Co-Forms Shanghai Private Equity Fund with 5.05 Billion Yuan Capital

Deep News
02/09

On February 9, corporate data platform Tianyancha indicated that the Yangtze River Delta Wisdom (Shanghai) Private Equity Fund Partnership has recently been established. The executive partner is Chuangzhi Herui (Shanghai) Enterprise Management Co., Ltd., with a total capital contribution of approximately 5.05 billion yuan. The fund's business scope includes equity investment, investment management, and asset management activities through private equity funds. The fund is jointly funded by China Life Insurance Company Limited, Shanghai Pudong Leading Area Investment Center, and Shanghai Guotou Xiandao Artificial Intelligence Private Equity Fund Partnership, among others. According to media reports, China Life Insurance had previously announced that the fund will primarily invest in technology innovation enterprises within three leading industries: artificial intelligence, integrated circuits, and biomedicine.

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