On August 30, Chenzhou Xiangjiang Industry Guidance Fund Management Co., Ltd. held a cooperative signing ceremony with Shunfeng Investment Industry Co., Ltd. and Chenzhou Cultural Tourism Industry Co., Ltd. for Gaoyiling Cultural Tourism Project. Chenzhou Xiangjiang Industry Guidance Fund Management Co., Ltd. invested 20 million yuan into Chenzhou Gaoyiling Tourism Investment Co., Ltd., accounting for 22.22 percent of the company's shares, indicating that our city has taken a substantial step in supporting the development of cultural tourism industry by using industry guidance fund to invest in equity, which will effectively promote the development of our city's cultural tourism industry.

Chenzhou Xiangjiang Industry Guidance Fund Management Co., Ltd. is the only city-level government guidance fund management platform in our city. The company is committed to fully enlarging the leverage effect of government financial funds, effectively guiding financial institutions such as banks, insurance and social capital into Chenzhou industrial field, forming industrial funds with a total scale of more than 6 billion yuan, and promoting the transformation and upgrading of the city's five leading industries, such as cultural tourism, non-ferrous metals, fine exhibitions and mineral gems, ecological green, new graphite materials, and electronic information, energy conservation and environmental protection, equipment manufacturing, agricultural machinery and other nine dominant industrial chains.