Hangzhou, October 31, 2016 /PR Newswire / On October 31, 2016, the Zhejiang Provincial Conservation and Utilization Fund for Ancient Villages initiated by Zuojun Capital and Zhejiang Tourism Group was officially established in Hangzhou. This fund was approved by the Zhejiang Provincial Government, and Zuoyin Capital and Zhejiang Tourism Group were the main players. Zhejiang Xiangyue Investment Management Co., Ltd., a joint venture, was the manager. The total size of the fund is 2 billion yuan, and the first phase is 1 billion yuan. Sun Jinghao, deputy governor of Zhejiang Province, opened the fund for the fund. The fund's investors include Zhejiang Jinrong, Zhejiang Tourism Group, Hua Digital Media, Hangzhou Bank, Hangzhou United Bank, Southern Design Institute, Hangzhou Sai Shi Garden and other well-known institutions and companies. Zuo Wei Capital Founding Partner Hu Weidong serves as a director of the fund management company. The traditional villages in Zhejiang are extremely rich in resources. By the end of 2015, it was recognized as “Chinese traditional villages†by the four ministries and commissions of the Ministry of Housing and Urban-Rural Development, the Ministry of Culture, the Ministry of Finance, and the State Administration of Cultural Heritage. Of these, 176 were identified in Zhejiang Province. Ranked No. 3 nationwide; there are 28 national-level historical and cultural villages in Zhejiang Province, with 28 in Zhejiang Province, ranking third in the country; 1,123 historical and cultural villages identified by the Zhejiang Provincial Agriculture Office, and 4,357 cultural and cultural units, including national-level cultural insurance. In 375 places, there were 33,000 ancient buildings of 14 types, including ancient folk houses, ancient ancestral halls, ancient stage houses, and ancient archways. The establishment of the Zhejiang Provincial Conservation and Utilization Fund for Ancient Villages is the first fund in the country that is earmarked for the protection of traditional villages and the heritage and utilization of historical culture. This fund will adhere to the principles of government guidance, market operation, scientific decision-making, and strict management. It will use direct equity investment, cooperation in the establishment of operating companies, and mergers and acquisitions and restructuring investment. It will invest in Zhejiang with significant historical and cultural values ​​and high growth potential. The traditional cultural villages with significant industrial driving effects provide valuable practical experience for the protection and utilization of traditional villages. Specifically, the main investment direction of the fund is to fully explore the inherent history, architecture, folk customs, and ancestral hall culture of traditional villages, and introduce comprehensive catering, boutique hotels, rural leisure products, rural sports, rural camping, etc. Innovation format. In short, it is "taking a platform and building an ecosystem." As an important initiator of the fund, Zhang Jian, general manager of ZTG Investment Corporation stated: “The establishment of the Conservation and Utilization Fund for Ancient Villages (Traditional Villages) in Zhejiang Province has added a living force to promote the protection and activation of ancient villages in our province. We will play a multi-advantage, based on protection, reasonable development, create a first-class market brand, cultivate a rich product system, promote the development of rural economy, promote the promotion of rural culture, so that 'seeing the mountain, seeing the water, remembering the homesickness' 'The dream comes into reality." As an important manager of the fund, Hu Weidong, founding partner of Zuoqi Capital, said that Zuobu Capital has long focused on investment and acquisitions in the Chinese tourism industry, has a deep understanding of the upstream and downstream industries, and has accumulated rich project cases and experiences. The current business includes financial advisors in corporate finance mergers and acquisitions, private equity investment, industrial research and capital operations. Hu Weidong believes that the opportunities for the next phase of the tourism industry are mainly concentrated on the comprehensive development of destinations, the integration of tourism resources, and the production and operation of upstream content. Starting from this fund, the focus of Zuojun Capital's future will be on the layout of the tourism industry chain. Upstream, through various financial products, including equity investment, mergers and acquisitions, integration of stock bonds, mezzanine investment, etc., to open up all aspects of the tourism industry chain, and strive to become the financial industry operating group of the tourism industry. A number of people in the industry stated that in the winter of capital, Zuojun Capital successfully established a 2 billion-scale tourism fund, which represents the continuous optimism of the capital market for the long-term development of the tourism industry, and also proves that Zuojun's team has accumulated in tourism investment for many years. Has been fully recognized by the market. Massage And SPA Essential Oil Set Ylang Oil,Geranium Oil,Peppermint Oil,Thyme Oil Ji'An ZhongXiang Natural Plants Co.,Ltd. , https://www.jxzxessentialoils.com
The picture shows Hu Weidong, the founding partner of Zuobu Capital, and Zhang Jian, general manager of Zhejiang Tourism Investment Corporation.