Hebei Industrial Investment Fund Company is not a state-owned enterprise. The fund industry in Hebei Province is not a public institution, but a private enterprise, not a state-owned enterprise. Hebei Industrial Fund Venture Capital Co., Ltd. is the first venture capital institution supported by Hebei provincial government, and it is an important measure for the government to build a multi-level local financial market system. It was initiated and established by many well-known private enterprise groups in Hebei Province, raising 654.38 billion yuan, among which Jiupai Industrial Group, Shijiao Group Co., Ltd., Sichuang Enterprise Group, Kitano Sunshine Group and other companies were sponsors.