On December 25th, the inauguration ceremony for the CICC HBIS (Hebei) Development Equity Investment Fund was held at the HBIS R&D Center. Hebei Provincial Party Committee Standing Committee Member and Executive Vice Governor Zhao Chenxi, HBIS Group Party Committee Secretary and Chairman Liu Jian, and CICC Party Committee Secretary and Chairman Chen Liang attended the ceremony to witness the fund's establishment. Sheikh Mubarak Abdullah Mubarak Al-Sabah, Vice Chairman of the Board of BlueFive Capital Group, a representative of the reserved sub-funds, delivered a statement. The establishment of the fund through the powerful collaboration between HBIS Group and CICC Capital is a strategic move by both parties to enter new sectors and cultivate new growth drivers; it is also a practical action to jointly create a new model for industry-finance integration and support the coordinated development of the Beijing-Tianjin-Hebei region. The fund has a total scale of 32 billion yuan and an operational term of 15 years.
Liu Jian stated that the joint establishment of the fund by HBIS and CICC Capital is not only a milestone in their strategic cooperation but also a key initiative to deepen industry-finance integration and strategically position themselves in emerging industries. He expressed anticipation that both sides would fully leverage HBIS's industrial advantages in steel materials and integrate CICC's professional capabilities in capital operations and financial services to build the fund into an open, collaborative, and win-win industrial investment platform, jointly contributing to the advancement of a modern industrial system.
Chen Liang stated that CICC has always adhered to its mission of serving national strategies and supporting the real economy. He described the cooperation between CICC Capital and HBIS Group to establish the fund as an important concrete step in deepening strategic synergy and jointly promoting regional development. CICC will fully leverage its comprehensive financial service advantages of "Investment + Investment Banking + Research" to guide the flow of financial resources to the forefront of industrial innovation in Hebei, working with HBIS Group to create a new model for industry-finance cooperation and inject new momentum into high-quality development.
Sheikh Mubarak Abdullah Mubarak Al-Sabah stated that as an international investment institution deeply rooted in the Middle East with a global footprint, BlueFive looks forward to cooperating with the CICC HBIS Development Fund of Funds. By combining the advantages of multiple resources, integrating long-term Middle Eastern capital with resources from emerging markets and leading Chinese industries, and leveraging the amplification and synergistic effects of the fund of funds, they aim to identify high-quality investment opportunities at home and abroad. Utilizing diversified capital markets to enhance investment efficiency will help drive industrial upgrading and high-quality development, achieving long-term mutual benefit and win-win outcomes.
The CICC HBIS (Hebei) Development Equity Investment Fund was jointly initiated and established by HBIS Group and CICC Capital and has recently completed its registration. With a total scale of 32 billion yuan, the fund adopts an operational model of "Fund of Funds + Direct Investment." It will focus on industrial investment and capital deployment around HBIS Group's advantaged traditional industries and strategic emerging industries, concentrating on high-end materials, new energy, next-generation information technology, energy conservation and environmental protection, and high-end manufacturing. The fund is characterized by distinct features of "Industry-Finance Synergy, Central-Local Cooperation, and Cross-Border Linkage," aiming to build a new bridge for cooperation between local governments, cross-border capital, and industries.
HBIS Group is one of the world's largest steel material manufacturers and comprehensive service providers, having been selected for the Fortune Global 500 for 17 consecutive years. Its business portfolio comprises four segments: steel materials, emerging industries, overseas operations, and financial services. In recent years, HBIS Group has adhered to high-end, intelligent, and green development, comprehensively enhancing the competitiveness of its core steel business while actively cultivating emerging industrial clusters in financial services, digital technology, trade and logistics, and equipment manufacturing. Focusing on new materials, new energy, new processes, green and low-carbon initiatives, and smart manufacturing, it continuously creates new profit growth points and accelerates its transformation, upgrading, and high-quality development.
As a leading investment bank in China, CICC has completed numerous groundbreaking transactions by pioneering market practices and leveraging profound professional knowledge. It is committed to providing high-quality, value-added financial services to a diverse client base and has established a comprehensive business structure based on research and information technology, encompassing investment banking, equity business, fixed income, asset management, private equity, and wealth management. Guided by the philosophy of "Rooted in China, Connecting the World," CICC has consistently taken serving national strategies and the real economy as its mission, striving to build China's first-class international investment bank and become a leading global financial institution, acting as a "service provider" for direct financing, a "gatekeeper" of capital markets, and a "manager" of social wealth.
BlueFive Capital is a global investment platform currently managing assets of approximately $8 billion. The company focuses on investment opportunities in rapidly growing economies and is dedicated to reshaping traditional financial landscapes and promoting sustainable development. Registered in the Abu Dhabi Global Market (ADGM), it maintains offices in nine cities worldwide, including Beijing, London, Abu Dhabi, Riyadh, and Singapore. Its business covers private equity, real estate, infrastructure, and financial products, providing comprehensive services to private wealth, institutional, and retail clients. The company holds the largest single private equity account in the Gulf region—Wusoom Holding—which controls approximately 35 champion enterprises in the UAE, spanning numerous industries.