On July 21, the Guangzhou Exchange Seminar on “New Consumption Poverty Alleviation Industry M&A Fund” jointly sponsored by Jiuyin Holdings and Guangzhou Fuqian Road Investment Co., Ltd. was successfully held in the conference room of Jiuyin Holding Guangzhou. This is the third seminar after the Guiyang Municipal Government's Beijing Liaison Office meeting room and the Jiuyin Holding Beijing Conference Room. It aims to share the most valuable investment projects and fund investment cooperation through more in-depth exchanges.

Mr. Sheng Donghua, Executive Deputy Prime Minister of Jiuyin Holding Guangzhou Branch and Mr. Luo Zhaoming, President of Qianlu Investment, together with Fangyuan Group, Guangdong Guangzhou Daily Media, Guangzhou Law Firm, Guangzhou Yuheng Trading, Guangzhou Xiandi Investment Management,Zhongbao Meng Enterprise Consulting Service, Rongshida Rongdian Group, Second Sound Beauty Culture Communication, Guangzhou Jinmao Auto Parts Trade, Guangzhou Mainland RV Culture Development, Yun Cat Life, Guangzhou Bajiao, Fuqian Road Investment and relevant leaders and financial experts attended the meeting. 

The total size of Jiuyin New Consumers Poverty Alleviation Fund is RMB 1 billion, and the first phase is RMB 300 million. The fund is prepared to use part of the fund management fees to support poverty alleviation and to build medical and health services in poverty-stricken areas. The fund prioritizes investment in new consumption areas such as modern agriculture, new catering, food chain, and healthy living. It pays special attention to the innovation of retail circulation in new formats and prioritizes investment in emerging services such as health services.