What is the connection between Shanghai International Global M&A Fund and Shanghai Ruili Investment Fund? Is it organized by Cheng Baoliang?
Shanghai International Group is the first M&A fund initiated by Shanghai International Group, with Mr. Cheng Baoliang, Chairman of Shanghai Ruili Investment, as the person in charge of fund preparation. Shanghai International Global M&A Fund will explore M&A investment opportunities in high-end equipment manufacturing, high-tech industries and areas with undervalued assets based on the concept of the integration of global M&A and China, with the sustained and rapid economic development of China as the driving force, the adjustment of industrial structure and the development of modern industries as the demand, and the huge China market as the basis. The purpose of Global M&A Fund is to provide a commercialized and market-oriented operating platform and specialized comprehensive investment and financing services for domestic enterprises to invest and acquire overseas, and to "go global" through overseas investment of enterprises. The fund operation mode will be realized through the "three linkages" of domestic and overseas linkage, investment and loan linkage, fund operation and enterprise overseas development linkage.