Woofun AI reports that the State-controlled Automobile and Transportation Equipment (Huainan) Equity Investment Fund Partnership has been officially established. The limited partnership is jointly funded by Huainan Transportation Holding (Group) Co., Ltd., Anhui State-controlled Investment Co., Ltd., Anhui New Energy and Intelligent Connected Vehicle Industry Fund Partnership, and Anhui Provincial Enterprise Reform and Development Fund Management Co., Ltd.

Anhui Provincial Enterprise Reform and Development Fund Management Co., Ltd. serves as the executive partner and has contributed an initial capital of 500 million RMB. The fund’s business scope encompasses equity investment, investment management, and asset management activities conducted through private funds.