China Financial Fund and AMASSE CAPITAL (08168) have reached a strategic cooperation agreement to jointly establish a 500 million yuan emerging industry fund.

On April 26, Zhongcaijing Fund Management (Shenzhen) Co., Ltd. and Hong Kong-listed company AMASSE CAPITAL Holdings Limited (08168) held a "Smart Empowerment, Capital Collaboration - AMASSE CAPITAL Strategic Cooperation Press Conference and Project Signing Banquet" at HK&S HOTELS on Dengxi Road in Baoan, Shenzhen. At the conference, the two parties officially signed a strategic cooperation agreement, intending to jointly establish an emerging industry private equity investment fund with a target size of 500 million RMB, focusing on the fields of computing power industry, artificial intelligence, AI education, Pre-IPO equity, corporate restructuring, and angel incubation. The event invited various guests, including listed companies, local governments, industry institutions, investment organizations, project enterprises, and news media. The conference focused on topics such as the new round of technological industry upgrade, practical application of artificial intelligence, computing power infrastructure construction, cultivation of high-quality enterprises for IPOs, and coordination between capital markets and high-quality technological projects. During the press conference, the leaders from Zhongcaijing Fund first delivered speeches, explaining the strategic significance of the cooperation and the future direction of the fund's layout from the perspective of a fund management institution. Subsequently, local government leaders spoke about regional industrial development, investment attraction, policy support for computing power and artificial intelligence industries, expressing their continuous support for the landing of quality industrial capital and innovative projects to promote regional industrial structure upgrading and the development of emerging industry clusters. The CEO of AMASSE CAPITAL systematically introduced the strategic upgrading path of AMASSE CAPITAL, the advantages of the listed company platform, and the eight major strategic directions in the speech. AMASSE CAPITAL stated that they will continue to focus on investing and integrating resources in the computing power industry, layout of the artificial intelligence industry ecosystem, establishment of AI education and talent platforms, Pre-IPO equity investment and project cultivation, corporate restructuring and industry mergers and acquisitions, angel investment and early-stage incubation, cooperation with local government industries and regional investment attraction, as well as continuous layout in cross-border capital and Hong Kong listing platform, aiming to further enhance the company's comprehensive capabilities in industrial capital service, project incubation, and capital market coordination. According to the strategic cooperation agreement signed by both parties, the fund to be established will operate under a dual-GP structure. Zhongcaijing Fund is expected to serve as the general partner and executive partner in the mainland as well as responsible for fund establishment filing, investment operation, and daily management; AMASSE CAPITAL is proposed to act as a limited partner and general partner in Hong Kong, participating in the fund contribution and coordinating the introduction of resources from Hong Kong and cross-border capital markets. Both parties will utilize their advantages in the mainland equity investment market, fund management, industrial resource integration, and Hong Kong capital markets to provide full-cycle services from early-stage incubation, industrial empowerment, capital planning to listing restructuring for high-growth potential companies. In terms of investment direction, the fund intends to adopt a flexible investment strategy, focusing on six key areas including computing power infrastructure and cloud computing, AI underlying technologies and large-scale applications, AI and education integration innovation, Pre-IPO equity investment, corporate mergers and acquisitions, and early-stage technology project angel incubation. Both parties hope to help high-quality enterprises improve their capitalization, industrial synergy, and market expansion capabilities through the long-term accompaniment of industrial capital and the resource coordination of the listed company platform. Apart from the strategic cooperation signing between Zhongcaijing Fund and AMASSE CAPITAL, several key project signing ceremonies were also held during the event. The AI Vision project, Yudian New Energy project, and Bell Quantum Computing project completed central signing as IPO counseling companies, signaling that AMASSE CAPITAL has further formed project reserves and service loops in capital planning for high-quality growth companies, listing counseling, and industrial empowerment. At the same time, AMASSE CAPITAL signed a cooperation agreement with Dongyuan Computing Power project at the event site. Both parties plan to conduct in-depth cooperation around computing power infrastructure construction, application scenario expansion, and industrial coordination landing, jointly exploring new pathways for the development of the smart computing industry. It is worth noting that the current global demand for computing power is experiencing explosive growth, and China, with its advantages in electricity and computing power, is transforming resources into Token exports globally through model API services. In this context, the capital market's continuous revaluation of the value of computing power-related companies is intensifying, with leading companies in overseas and Hong Kong stock markets adopting Token-based business models. With scarce card positions and technological barriers in enterprise-level AI data services, the market value exceeded HK$100 billion within three months of listing, fully verifying the huge potential of the Token economy model. At the end of the event, representatives of the organizers delivered concluding remarks, summarizing the results of the strategic cooperation and multiple signings. They stated that the press conference was not only a signing ceremony but also an important strategic starting point for AMASSE CAPITAL in the collaborative development of computing power and other emerging industries with the capital market. In the future, AMASSE CAPITAL will continue to rely on the advantages of the Hong Kong listed company platform, cooperate with Zhongcaijing Fund, local governments, industrial project parties, and various partners to jointly build an industry capital service system for the growth of computing power, artificial intelligence, and emerging technology enterprises. Subsequently, a toasting ceremony and group photos were taken at the event, and the welcome dinner officially began. Participants engaged in in-depth exchanges and business discussions on topics such as fund cooperation, industrial project landing, listing cultivation, regional investment attraction, and capital market coordination. Zhongcaijing Fund Management (Shenzhen) Co., Ltd. is a state-owned wholly-owned fund management company jointly funded by Zhongcaijing Cultural Assets Management (Shenzhen) Co., Ltd., a wholly-owned state-owned enterprise under the Ministry of Finance, and Zhongfu Industry (Shenzhen) Co., Ltd. The company's main business includes asset management, financial advisory, structured financing, market value management of listed companies, government infrastructure investment funds, and government industrial investment funds, etc. Since its establishment, the total scale of the company's investment advisory services has exceeded 90 billion RMB. AMASSE CAPITAL Holdings Limited is a company listed on the Hong Kong Stock Exchange GEM, mainly engaged in providing institutional financing advisory services and investment advisory services to Hong Kong companies. The company's services include serving as financial advisers to Hong Kong listed companies and investors, independent director committees and independent financial advisers to independent shareholders, as well as providing investment and advisory services, etc.