Juneng Capital, as the private equity platform company of Shandong State-owned Assets Investment, focuses on the development concept of "expanding scale, improving efficiency, standardizing management and developing synergies" so as to broaden the platform function, strengthen the platform role, further strengthen the mechanism innovation and integrate the innovative resources, which explores and promotes in aspects such as the state-owned assets capitalization and state-owned capital securitization and improvement of the operation efficiency of state-owned capital.
In November 2016, Juneng Capital worked with the provincial light industry company, Longxin investment and its holding subsidiary Longxin International Commercial Factoring Innovation set up a contract-based solidification products-winning No.1 Fund. At present, the fund has successfully passed the China Securities Investment Fund Industry Association for the record (record number: SN8017). Fund’s total size is 50 million yuan, with the period of 1 year. Through the structural design, product income can be expected; risk can be controlled, having effective protection of the interests of investors. Through the successful establishment of this product, it coordinates and integrates the internal resources of the four ownership enterprises, thus achieving the complementary advantages and common development.
Since the acquisition of private equity fund managers in 2014, Juneng Capital has been in accordance with Shandong State-owned Assets Investment’s strategic plan and requirements, adhered to the principle of the sound operation and long-term gains, and achieved good fund investment management performance and also won approval of professional institutions investor in the market.