The National Essence Red Diamond Cultural Industry Investment Fund has become the focus of the Cultural Expo

Introduction: The National Essence Red Diamond Cultural Industry Investment Fund is initiated by the Red Diamond Group and the Shenzhen Cultural Exchange. Its shareholders include renowned Singaporean fund partner Wan Hongwei, renowned investor Zhang Jiahao, and the Shenzhen Cultural Exchange. The total initial fundraising amount is RMB 1 billion, with the vision of establishing a fund that has a profound understanding of Chinese culture, focuses on the cultural and entertainment industry, and accompanies and promotes the development of China's cultural industry.

Economic Observer Network reporter Li Baohua learned on this website that the Chinese cultural industry investment fund, which has received much attention in the cultural industry field, has entered the roadshow stage and is about to make its debut soon. The Guocui Red Diamond Cultural Industry Investment Fund is the first on exchange fund of the Shenzhen Cultural Exchange, and also the first cultural industry fund participated by the Cultural Property Exchange.

The National Essence Red Diamond Cultural Industry Investment Fund is initiated by the Red Diamond Group and the Shenzhen Cultural Exchange. Its shareholders include renowned Singaporean fund partner Wan Hongwei, renowned investor Zhang Jiahao, and the Shenzhen Cultural Exchange. The total initial fundraising amount is RMB 1 billion, with the vision of establishing a fund with a deep understanding of Chinese culture, focusing on cultural and entertainment industries, and accompanying and promoting the development of China's cultural industry.

Public information shows that shareholders of the National Essence Red Diamond Cultural Industry Fund each have their own advantages. Wan Hongwei holds a Ph.D. in Finance from Fudan University (Weibo) and an MBA degree from the University of Chicago, with years of experience in investment management and company operations; Zhang Jiahao is a rising star in domestic investment, having participated in numerous industries and well-known enterprises in recent years. He has rich investment experience and network resources in fields such as culture and entertainment, finance, real estate, and high-end trade; The Shenzhen Stock Exchange is one of the two national level exchanges retained after the rectification documents issued by the five national ministries, with a rich source of first-hand projects. It is reported that asset packages or companies that wish to be listed on the Shenzhen Stock Exchange should, in principle, receive more than 30% subscription from on exchange funds in order to truly list for trading.

The manager of the National Essence Red Diamond Cultural Industry Fund has always been active in the forefront of China's cultural industry and capital market, and has strong market and network resources in China. The relevant person in charge of the National Essence Red Diamond Cultural Industry Fund stated that based on the high dependence of talents in the cultural industry, only with rich cultural industry experience, sufficient network resources in the cultural industry chain, strong financial strength and capital market operation ability, profound understanding of industry policies, and proactive communication with regulatory authorities can investment success be achieved.

In addition to shareholder advantages, the National Essence Red Diamond Cultural Industry Fund has also made distinctive designs in investment target selection and risk control.

"Our main focus now is on investing in traditional cultural industry small and micro enterprises with clear business models and strong future expectations. Our investment enterprises are positioned as cultural products that meet social consumption upgrading and emerging cultural consumer products guided by technology. Compared to the cumulative profit of 2 million yuan from the Cultural Exchange over three years, our investment timing is earlier and the starting point is lower." The relevant person in charge stated that the fund's investment project portfolio includes equity investment in cultural enterprises, cultural property investment for transfer purposes, cultural project income rights, copyright investment, and investment in cultural industry parks.

According to the trading rules of the Stock Exchange, if a company's trading price is lower than the listing price after one year of listing, it will be forced to repurchase its shares at the listing price. Under certain conditions, the fund also has the right to recover the investment principal according to a certain return requirement.

Public information shows that the cultural industry has been positioned as a pillar industry, and by the end of the 12th Five Year Plan, the scale of the cultural industry will increase from its current proportion of 2.5% to over 5% of GDP. Calculated at an average annual GDP growth rate of 9%, the scale of the cultural industry will reach 2.85 trillion yuan, which is 3.4 times that of the end of 2009. This has brought enormous growth imagination space to the entry of capital.

Original link: http://finance.sina.com.cn/roll/20120523/081812125686.shtml