China Jinmao River Steel (Hebei) Equity Investment Fund Established
Author:
Time:
2025-12-29
■ Total fund size 320 Hundreds of millions of yuan are being invested to build an open, collaborative, and win-win industrial investment platform and a new model for the integration of industry and finance.
12 Moon 25 The founding meeting of the China Jinmao Hebei Steel Development Equity Investment Fund was held at the Hebei Steel R&D Center. Zhao Chenxin, a member of the Standing Committee of the Hebei Provincial Party Committee and Executive Vice Governor, Liu Jian, Secretary of the Party Committee and Chairman of Hebei Steel Group, and Chen Liang, Secretary of the Party Committee and Chairman of China Jinmao, attended the meeting and jointly witnessed the establishment of the fund. Representatives from the reserve sub-funds were also present. BlueFive Sheikh Mubarak Abdullah Mubarak Al-Sabah, Vice Chairman of the Capital Group’s Board of Directors, delivered a statement. The establishment of this fund through the strong partnership between HBIS Group and CICC Capital is a strategic move for both parties to explore new growth areas and cultivate new drivers of development. It also represents a pragmatic step toward jointly creating a new model of industry-finance integration and contributing to the coordinated development of the Beijing-Tianjin-Hebei region. The total size of this fund is... 320 100 million yuan, operational period 15 Year.
Lu Jian, Executive Deputy Secretary-General of the Provincial Government; Tang Ying, Executive Deputy Director of the Provincial Party Committee’s Financial Office; Zhang Zefeng, Party Secretary and Director of the Provincial State-owned Assets Supervision and Administration Commission; Wu Xia, Second-Level Inspector of the Provincial Development and Reform Commission; Liang Dongqing, Member of the Party Committee and Member of the Management Committee of CICC; Long Liang, President and Director of the Executive Committee of CICC Capital; Tong Xuanzi, Managing Director of CICC Capital and Head of the Chuanhe Team. BlueFive Chi Shaojie, Partner at Capital Group; Duan Zhonghui, Secretary of the Party Committee and President of the Hebei Branch of the Bank of China; Zhou Huidong, Secretary of the Party Committee and President of the Hebei Branch of the Construction Bank of China; Xiang Yang, Secretary of the Party Committee and President of the Hebei Branch of the Agricultural Bank of China; Cai Qian, Secretary of the Party Committee and President of the Hebei Branch of the Industrial and Commercial Bank of China; Liu Qingjun, Secretary of the Party Committee and President of the Hebei Branch of the Bank of Communications; Mei Jianping, Secretary of the Party Committee and President of the Hebei Branch of the Export-Import Bank of China; He Gang, Secretary of the Party Committee and President of the Hebei Branch of the Agricultural Development Bank of China; Shi Junbao, Secretary of the Party Committee and President of the Hebei Branch of the Postal Savings Bank of China; Dan Wenhua, Secretary of the Party Committee and President of the Shijiazhuang Branch of the Industrial Bank of China; Shen Chunhua, Secretary of the Party Committee and President of the Shijiazhuang Branch of the China Everbright Bank; Zhou Zhichao, Secretary of the Party Committee and President of the Shijiazhuang Branch of the Ping An Bank; Liu Jiabing, Secretary of the Party Committee and President of the Shijiazhuang Branch of the China Minsheng Bank; Wang Shuqing, Secretary of the Party Committee and President of the Shijiazhuang Branch of the Guangfa Bank; Gu Yijun, Secretary of the Party Committee and President of the Shijiazhuang Branch of the Bohai Bank; He Fei, Secretary of the Party Committee and President of the Shijiazhuang Branch of the China Merchants Bank; Wang Xianli, Deputy Secretary of the Party Committee and President of the Hebei Bank; Wang Quanpu, Secretary of the Party Committee and President of the Shijiazhuang Branch of the Tianjin Bank; Jiang Fan, Deputy President of the Shijiazhuang Branch of the SPD Bank; Xia Chenzhong, Deputy President of the Shijiazhuang Branch of the CITIC Bank; Wang Zhiyong, Deputy President of the Shijiazhuang Branch of the Huaxia Bank; and Wang Yaobin, Deputy General Manager of HeSteel Group, attended the conference. Hu Zhigang, Chief Accountant of HeSteel Group, presided over the conference.
Liu Jian stated that the joint establishment of a fund by HBIS Group and China Jin Capital not only marks a milestone in the strategic cooperation between the two parties, but also represents a crucial step in deepening the integration of industry and finance and strategically positioning themselves in emerging industries. He expressed hope that both sides will fully leverage HBIS Group’s industrial strengths in the steel materials sector and combine them with China Jin Capital’s expertise in capital operations and financial services, thereby building the fund into an open, collaborative, and mutually beneficial platform for industrial investment and working together to contribute to the advancement of a modern industrial system.
Chen Liang stated that CICC has always been committed to serving the nation’s strategic goals and supporting the real economy. The establishment of this fund through the collaboration between CICC Capital and Hebei Iron and Steel Group represents an important step in deepening strategic synergy and jointly promoting regional development. CICC will fully leverage its strengths in “investment” + Investment bank + Leveraging the comprehensive financial service advantages of “research,” we will direct the flow of financial resources to the forefront of industrial innovation in Hebei Province, and work closely with HBIS Group to jointly create a new model of industry-finance collaboration, injecting 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 and with a global presence, BlueFive We look forward to collaborating with the China Jinmao River Steel Development Fund, leveraging the complementary strengths of multiple parties, integrating long-term capital from the Middle East with resources from emerging markets and China’s leading industries, harnessing the fund’s amplification and synergy effects, identifying high-quality investment opportunities both domestically and internationally, tapping into diversified capital markets to enhance investment efficiency, and contributing to industrial upgrading and high-quality development, thereby achieving long-term mutual benefits and win-win outcomes.
The Zhongjin Hesteel (Hebei) Equity Investment Fund, jointly initiated and established by Hesteel Group and Zhongjin Capital, recently completed its filing. The fund’s total size is... 320 hundred million yuan, adopting a “mother fund” approach. + The “direct investment” operating model focuses on the advantageous traditional industries and strategic emerging industries of Hebei Iron and Steel Group, concentrating on fields such as high-end materials, new energy, next-generation information technology, energy conservation and environmental protection, and advanced manufacturing, to carry out industrial investments and capital deployment. This fund features distinct characteristics—“integration of industry and finance, cooperation between central and local governments, and cross-border synergy”—and serves as a new bridge for cooperation among local governments, cross-border capital, and industries.
Hebei Iron and Steel Group is one of the world’s largest manufacturers and integrated service providers of steel materials, continuously... 17 Selected for the World this year 500 Qiang Group operates four major business segments: steel materials, emerging industries, overseas operations, and financial services. In recent years, HeSteel Group has consistently pursued high-end, intelligent, and green development, comprehensively enhancing the competitiveness of its core steel business. It has also actively cultivated emerging industry clusters in areas such as financial services, digital technologies, trade and logistics, and equipment manufacturing. Focusing on new materials, new energy sources, new processes, green and low-carbon initiatives, and intelligent manufacturing, the group continues to create new growth drivers and accelerate its transformation and upgrading toward high-quality development.
As China's leading investment bank, CICC has completed numerous groundbreaking transactions by being among the first to adopt market practices and leveraging its deep expertise. Dedicated to providing high-quality financial value-added services to a diverse client base, CICC has established a comprehensive business structure driven by research and information technology, covering investment banking, equity markets, fixed income, asset management, private equity, and wealth management. Upholding the philosophy of “Rooted in China, Connected to the World,” CICC has consistently regarded serving national strategies and supporting the real economy as its core mission. It is committed to building China’s world-class investment bank and becoming a globally renowned, leading financial institution—acting as a trusted “service provider” for direct financing, a vigilant “gatekeeper” of the capital markets, and a responsible “manager” of social wealth.
BlueFive Capital is a global investment platform currently managing assets worth 80 hundreds of millions of U.S. dollars. The company focuses on investment opportunities in fast-growing economies, is committed to reshaping traditional financial practices, and promotes sustainable development. The company is registered with the Abu Dhabi Global Market. ADGM ), globally 9 The company has established offices in multiple cities, including Beijing, London, Abu Dhabi, Riyadh, and Singapore. Its business spans areas such as private equity, real estate, infrastructure, and financial products, offering comprehensive services to private wealth clients, institutional investors, and retail customers. The company boasts the largest single private equity account in the Gulf region— Wusoom Holding , holding approximately 35 A leading UAE champion enterprise, covering numerous industries.
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