1. CREDIT Prosperity Fund Won “The Best Chinese Real Estate Fund of ChinaVenture 2013”
On April 17, 2014, ChinaVenture Group Research Institute issued the eighth “List for China Venture Capital & Private Equity Investment Institutions” at the “2014 ChinaVenture Investment Annual Meeting”. At the awarding ceremony, CREDIT Prosperity Fund won the honor of “The Best Chinese Real Estate Fund of China Venture 2013” for its comprehensive strength in the real estate financial field.
ChinaVenture Group has been widely recognized as an authoritative third-party research and information consulting institution in China’s private equity investment field for its expertise and objectiveness of the research. In order to better present the developmental trend of the private equity investment industry in China, ChinaVenture Group has launched the ranking for “ChinaVenture • China Venture Capital & Private Equity Investment Annual List” since 2006, for the purpose of witnessing the progress and development of the investment industry. Under great supports from active investment institutions at home and abroad, the list has currently become one of the most influential and authoritative lists regarding the venture investment in China.
Last year, CREDIT Prosperity Fund achieved leapfrog development and terrific performance in the fundraising, investment, management and withdrawal, with the total management assets exceeding RMB 20 billion Yuan. The honor awarded to CITICS Prosperity Fund, as it deserved, is not only a recognition on the previous achievements but also a booster for the future work. CREDIT Prosperity Fund will continue adhering to the operating idea of “trust-based establishment for steady advancement”, so as to repay investors, shareholders and the society with better achievements and make its due contribution to the development of China’s private equity investment industry.
2. A Subsidiary Wholly Owned by CREDIT Prosperity Fund Rated as the Sector Economy Leading Enterprise by Jiaxing Government
Jiaxing Xinyuan Yefeng Equity Investment & Management Co., Ltd., a subsidiary wholly owned by CREDIT Prosperity Fund, was rated as the sector economy leading enterprise by Jiaxing Government on January 23, 2014. It is the only equity investment institution that won this honor.
Jiaxing City boasts a resourceful land and outstanding people with efficient administration and favorable financial environment, attracting quite a many domestic equity investment companies to set up their branches and limited partnership funds there. Xinyuan Yefeng was founded in early 2012, which made CREDIT Prosperity Fund become one of the first equity investment institutions stationed in Jiaxing. By January 2014, Xinyuan Yefeng edged itself into the “triangular division of the market” in relation to the total scale of fund management of all local investment institutions, for the reason that the scale of funds under its management reached nearly RMB 4 billion Yuan. Its honor as a leading enterprise is beyond dispute.
The award symbolizes Jiaxing Government’s high recognition for the comprehensive strength of CREDIT Prosperity Fund and embodies the satisfactory cooperation and communication between the two sides. With the rapid business development, CREDIT Prosperity Fund will continue to reinforce the cooperation with Jiaxing.
Certificate and Prize Won by CREDIT Prosperity Fund